HANDBERG HOLDING ApS — Credit Rating and Financial Key Figures

HANDBERG HOLDING ApS (CVR number: 20155736K) is a company from HERNING. The company recorded a gross profit of 65.1 mDKK in 2023. The operating profit was 18.9 mDKK, while net earnings were 11.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HANDBERG HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.