HAANDVÆRKERFORENINGENS FOND (ALDERSTRØST) — Credit Rating and Financial Key Figures

CVR number: 11656544
Dronningens Tværgade 2 A, 1302 København K
hfk@hfk.dk
tel: 33122717

Credit rating

Company information

Official name
HAANDVÆRKERFORENINGENS FOND (ALDERSTRØST)
Personnel
7 persons
Established
1999
Industry

About HAANDVÆRKERFORENINGENS FOND (ALDERSTRØST)

HAANDVÆRKERFORENINGENS FOND (ALDERSTRØST) (CVR number: 11656544) is a company from KØBENHAVN. The company reported a net sales of 50.2 mDKK in 2024, demonstrating a growth of 2.9 % compared to the previous year. The operating profit percentage was at 83.7 % (EBIT: 42.1 mDKK), while net earnings were 29.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 48.8 %, 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. HAANDVÆRKERFORENINGENS FOND (ALDERSTRØST)'s liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales45.8946.4647.7148.8050.23
Gross profit25.0726.94- 118.59-60.8445.41
EBIT22.5923.75- 122.28-64.1742.05
Net earnings93.60373.51-95.09-73.4429.41
Shareholders equity total278.88673.90639.62553.36579.72
Balance sheet total (assets)759.521 293.361 172.301 072.061 188.74
Net debt316.26312.38315.75314.31391.41
Profitability
EBIT-%49.2 %51.1 %-256.3 %-131.5 %83.7 %
ROA15.1 %54.6 %-7.2 %-7.0 %4.9 %
ROE40.0 %78.4 %-14.5 %-12.3 %5.2 %
ROI18.7 %62.1 %-7.6 %-7.1 %5.1 %
Economic value added (EVA)-4.51-15.22- 173.08- 104.74-24.98
Solvency
Equity ratio37.6 %52.8 %54.9 %51.6 %48.8 %
Gearing119.8 %48.6 %50.0 %57.8 %68.4 %
Relative net indebtedness %986.8 %907.6 %744.0 %757.5 %901.8 %
Liquidity
Quick ratio1.81.85.22.00.4
Current ratio0.90.95.22.00.4
Cash and cash equivalents17.7915.064.355.735.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-30.0 %-29.7 %29.7 %22.5 %-60.4 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:4.90%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.8%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Board member
Board member

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