HANDWERK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANDWERK HOLDING A/S
HANDWERK HOLDING A/S (CVR number: 33055889K) is a company from KØBENHAVN. The company reported a net sales of 566.6 mDKK in 2024, demonstrating a growth of 533.5 % compared to the previous year. The operating profit percentage was at 10.6 % (EBIT: 59.8 mDKK), while net earnings were 49.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.9 %, 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 4.7 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 111.49 | 2 772.60 | 487.28 | 89.44 | 566.65 |
Gross profit | 29.53 | 1 683.90 | 174.72 | 2.87 | 87.04 |
EBIT | 14.08 | 915.04 | -71.27 | -32.13 | 59.80 |
Net earnings | 8.90 | 711.37 | -57.98 | 18.28 | 49.21 |
Shareholders equity total | 23.21 | 734.57 | 676.60 | 674.88 | 704.09 |
Balance sheet total (assets) | 103.81 | 1 020.42 | 718.67 | 712.53 | 833.97 |
Net debt | - 511.10 | - 443.98 | |||
Profitability | |||||
EBIT-% | 12.6 % | 33.0 % | -14.6 % | -35.9 % | 10.6 % |
ROA | 19.2 % | 162.8 % | -8.2 % | 3.5 % | 9.1 % |
ROE | 45.0 % | 187.7 % | -8.2 % | 2.7 % | 7.4 % |
ROI | 22.1 % | 162.8 % | -8.2 % | 3.6 % | 10.1 % |
Economic value added (EVA) | 13.00 | 913.88 | - 108.18 | -58.57 | 12.44 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 94.8 % | 84.9 % |
Gearing | 0.0 % | 3.4 % | |||
Relative net indebtedness % | -529.7 % | -59.8 % | |||
Liquidity | |||||
Quick ratio | 15.9 | 4.7 | |||
Current ratio | 16.7 | 5.9 | |||
Cash and cash equivalents | 511.40 | 468.02 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 232.5 | 48.5 | |||
Net working capital % | 332.4 % | 36.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AAA |
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