Hellars Finance AB
ABBankruptOrg 5592068398Other financial service activities, except insurance and pension funding n.e.c.· NACE 6499Est. 2019 · 7 years old0 employees
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Overview
Hellars Finance AB is a Swedish AB, operating in the Other financial service activities, except insurance and pension funding n.e.c. sector. Incorporated in 2019, the company has 0 employees and reported revenue of SEK 64.8k in its latest annual filing.
Revenue 2022
64.8K SEK
+440% vs 2021
EBITDA margin
80.1 %
+642% vs 2021
Net profit 2022
40.6K SEK
+576% vs 2021
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
85.4 %
AverageAround the average of companies in the same industry
20192022
Liquidity ratioCurrent assets ÷ Short-term debt
1.8×
WeakAmong the 40% lowest rated companies in the industry
20192022
Return on assets (ROA)Net profit ÷ Total assets × 100
36.5 %
Very strongAmong the 20% highest rated companies in the industry
20192022
EBITDA — year on year
SEK thousandsKey figures
Annual report 2022| Revenue | 64.8K SEK | +440% |
| EBITDA | 51.9K SEK | +642% |
| Net profit | 40.6K SEK | +576% |
| Total assets | 111.2K SEK | +99% |
| Equity | 95K SEK | +76% |
| Employees | 0 | — |
Company information
Legal name
Hellars Finance AB
Org number
5592068398
Legal form
Aktiebolag
Founded
23 May 2019 · 7 years
Share capital
SEK 50,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen
Company purpose
Föremålet för aktiebolagets verksamhet skall bestå i att, såväl självständigt som genom dotter-, syster- och intressebolag, bedriva förmedling av finansiella tjänster, samt rådgivning härom, såsom köp av- och administrering av fakturor, leasing, krediter och lån inom och utom den europeiska unionen (EU), köpa, försälja, äga och förvalta fast och lös egendom samt idka därmed förenlig verksamhet.
(no translation available)
Address
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Financial development
In its most recent annual report (2022), Hellars Finance AB reported revenue of SEK 64.8k, an increase of 440% on the year before. The figures on this page draw on 4 annual filings covering 2019 to 2022. The bottom line showed a net profit of SEK 40.6k, and the EBITDA margin stood at 80.1%.
At the end of 2022, equity financed 85.4% of the balance sheet, and current assets covered short-term debt 1.8 times.
Financials
Revenue
SEK thousandsEBITDA
SEK thousandsIncome statement
SEK thousands| Item | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| Revenue | 65 | 12 | 0 | 0 |
| Staff expenses | — | — | — | — |
| EBITDA | 52 | 7 | -1 | 0 |
| Depreciation & amort. | — | -0 | -0 | -0 |
| EBIT | 52 | 7 | -1 | 0 |
| Net financials | -0 | — | — | — |
| Profit before tax | 52 | 7 | -1 | 0 |
| Tax | -11 | -1 | -0 | -0 |
| Net profit | 41 | 6 | -1 | 0 |
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Balance sheet
SEK thousands| Item | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| Total assets | 111 | 56 | 49 | 50 |
| Equity | 95 | 54 | 49 | 50 |
| Long-term debt | — | 0 | 0 | 0 |
| Short-term debt | 16 | 1 | 0 | 0 |
| Total debt | 16 | 1 | — | — |
Financial ratios
5-year trendEBITDA margin
80.1 %
20192022
Equity ratio
85.4 %
AverageAround the average of companies in the same industry
20192022
Return on equity
42.7 %
Very strongAmong the 20% highest rated companies in the industry
20192022
Net profit margin
62.6 %
StrongAmong the 30% highest rated companies in the industry
20192022
Asset turnover
0.58×
Very strongAmong the 20% highest rated companies in the industry
20192022
Debt / equity
0.17×
AverageAround the average of companies in the same industry
20192022
Sector performance
25 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery strong
Among the 10% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginStrong
Among the 30% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 20% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very strong
Among the 10% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 10% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 40% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Cash ratioWeak
Among the 40% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 40% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Cash conversion ratioVery strong
Among the 20% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Quick ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Fixed assets to long-term capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 30% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 10% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 10% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery strong
Among the 10% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery strong
Among the 20% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery weak
Among the 20% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- Annual report 2022Filed via Bolagsverket / SCB · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Bolagsverket / SCB · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Bolagsverket / SCB · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Bolagsverket / SCB · Period 2019-05-01 – 2019-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (1)
MM Chief Executive Officer | Chief Executive Officer | 2020 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
LA Board of Directors | Board of Directors | 2020 |
PH Deputy Board Member | Deputy Board Member | 2020 |
JL Deputy Board Member | Deputy Board Member | 2020 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 0001 |
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Related companies
Company hierarchy
Hellars Ekonomi och Förvaltning AB
Hellars Finance AB Board network connections
Board members of Hellars Finance AB also hold positions in 14 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Per-Jonas Hellström | Deputy Board Member | 7 companiesMany roles |
| Leif Alexander Larsson | Board of Directors | 3 companies |
| Malin Magdalena Erika Nilsson | Chief Executive Officer | 2 companies |
| Jan Lennart Hellström | Deputy Board Member | 2 companies |
Frequently asked questions
What is the Org number of Hellars Finance AB?
Hellars Finance AB is registered with Bolagsverket / SCB under Org 5592068398.
What is the revenue of Hellars Finance AB?
Hellars Finance AB reported revenue of SEK 64.8k in 2022.