HANDWERK HOLDING A/S — Credit Rating and Financial Key Figures

HANDWERK HOLDING A/S (CVR number: 33055889K) is a company from KØBENHAVN. The company reported a net sales of 89.4 mDKK in 2023, demonstrating a decline of -81.6 % compared to the previous year. The operating profit percentage was poor at -35.9 % (EBIT: -32.1 mDKK), while net earnings were 18.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HANDWERK HOLDING A/S's liquidity measured by quick ratio was 15.9 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.