Credit rating
Company information
About K/S HELMSTEDT
K/S HELMSTEDT (CVR number: 27979556) is a company from Høje-Taastrup. The company recorded a gross profit of 225.5 kDKK in 2022. The operating profit was 83.1 kDKK, while net earnings were -628.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -5.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. K/S HELMSTEDT's liquidity measured by quick ratio was 2.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 988.62 | 1 991.93 | 1 988.19 | ||
Gross profit | 1 848.92 | 1 777.65 | 1 769.07 | 1 751.66 | 225.54 |
EBIT | 1 647.68 | 1 668.52 | 1 644.13 | 984.87 | 83.14 |
Net earnings | 3 673.39 | 1 249.65 | 1 205.54 | 11 008.42 | - 628.89 |
Shareholders equity total | 11 160.57 | 12 050.22 | 13 075.57 | 23 903.99 | 340.94 |
Balance sheet total (assets) | 27 540.22 | 27 498.30 | 27 469.40 | 37 313.26 | 611.71 |
Net debt | 15 511.55 | 14 598.10 | 13 483.74 | 12 817.24 | - 611.71 |
Profitability | |||||
EBIT-% | 82.9 % | 83.8 % | 82.7 % | ||
ROA | 6.4 % | 6.1 % | 6.2 % | 3.1 % | 0.4 % |
ROE | 38.9 % | 10.8 % | 9.6 % | 59.5 % | -5.2 % |
ROI | 6.4 % | 6.1 % | 6.2 % | 3.1 % | 0.5 % |
Economic value added (EVA) | 10.63 | 385.94 | 364.27 | - 289.03 | -1 103.86 |
Solvency | |||||
Equity ratio | 40.5 % | 43.8 % | 47.6 % | 64.1 % | 55.7 % |
Gearing | 146.0 % | 127.3 % | 109.4 % | 54.8 % | |
Relative net indebtedness % | 784.5 % | 738.0 % | 682.4 % | ||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.8 | 2.8 | 2.3 |
Current ratio | 0.8 | 0.7 | 0.8 | 2.8 | 2.3 |
Cash and cash equivalents | 779.68 | 747.07 | 827.04 | 282.14 | 611.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -12.8 % | -16.8 % | -13.1 % | ||
Credit risk | |||||
Credit rating | A | A | A | B | C |
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