Credit rating
Company information
About HANDYTANKERS K/S
HANDYTANKERS K/S (CVR number: 25040546) is a company from KØBENHAVN. The company reported a net sales of 13.1 mUSD in 2023. The operating profit percentage was poor at 0 % (EBIT: 0 mUSD), while net earnings were 0.3 kUSD. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HANDYTANKERS K/S's liquidity measured by quick ratio was 3.2 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 16 897.10 | 15 391.22 | 13 448.26 | 16 518.53 | 13 080.64 |
Gross profit | 16 897.10 | 15 391.22 | |||
EBIT | |||||
Net earnings | -0.42 | 0.82 | -0.88 | -0.65 | 0.32 |
Shareholders equity total | 11.70 | 12.52 | 11.64 | 10.99 | 11.31 |
Balance sheet total (assets) | 16.60 | 17.65 | 16.67 | 16.02 | 16.34 |
Net debt | 3.51 | 3.51 | 3.51 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 4.8 % | 2.0 % | |||
ROE | -3.5 % | 6.8 % | -7.3 % | -5.7 % | 2.8 % |
ROI | 6.8 % | 2.2 % | |||
Economic value added (EVA) | -0.61 | -0.59 | -0.63 | -0.58 | -0.55 |
Solvency | |||||
Equity ratio | 70.5 % | 71.0 % | 69.8 % | 68.6 % | 69.2 % |
Gearing | 30.2 % | 32.0 % | 31.1 % | ||
Relative net indebtedness % | 0.0 % | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
Liquidity | |||||
Quick ratio | 3.4 | 3.4 | 3.3 | 3.2 | 3.2 |
Current ratio | 3.4 | 3.4 | 3.3 | 3.2 | 3.2 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 0.1 % | 0.1 % | 0.1 % | 0.1 % | 0.1 % |
Credit risk | |||||
Credit rating | C | C | B | B | C |
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