HÅNDVÆRKERAFDELINGEN A/S — Credit Rating and Financial Key Figures

CVR number: 15288671
Abildgårdsvej 35, 9900 Frederikshavn
tel: 98439566

Company information

Official name
HÅNDVÆRKERAFDELINGEN A/S
Personnel
3 persons
Established
1991
Company form
Limited company
Industry

About HÅNDVÆRKERAFDELINGEN A/S

HÅNDVÆRKERAFDELINGEN A/S (CVR number: 15288671) is a company from FREDERIKSHAVN. The company reported a net sales of 0.7 mDKK in 2024, demonstrating a growth of 19.9 % compared to the previous year. The operating profit percentage was at 60.6 % (EBIT: 0.4 mDKK), while net earnings were -7.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.1 %, 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. HÅNDVÆRKERAFDELINGEN A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales334.00444.81605.46587.75704.50
Gross profit-45.7585.64265.59239.20457.12
EBIT-75.7564.81235.59209.20427.12
Net earnings- 160.14-42.75111.74-98.43-7.52
Shareholders equity total9 765.009 722.259 833.999 735.569 728.04
Balance sheet total (assets)16 276.9516 127.8316 083.6718 482.8218 312.47
Net debt4 369.964 460.635 238.237 980.217 940.01
Profitability
EBIT-%-22.7 %14.6 %38.9 %35.6 %60.6 %
ROA-0.6 %0.4 %1.5 %1.2 %2.3 %
ROE-1.6 %-0.4 %1.1 %-1.0 %-0.1 %
ROI-0.6 %0.4 %1.5 %1.2 %2.3 %
Economic value added (EVA)- 587.24- 632.88- 464.33- 535.24- 447.18
Solvency
Equity ratio60.0 %60.3 %61.1 %52.7 %53.1 %
Gearing65.8 %64.6 %62.4 %88.5 %86.5 %
Relative net indebtedness %1334.4 %1030.8 %883.1 %1380.9 %1151.4 %
Liquidity
Quick ratio6.14.92.51.40.9
Current ratio6.14.92.51.40.9
Cash and cash equivalents2 055.121 820.52902.56631.16472.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %514.3 %327.7 %88.6 %32.4 %-7.3 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:2.33%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.1%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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