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

CVR number: 33055889
Skagerrakvej 4, 2150 Nordhavn

Credit rating

Company information

Official name
HANDWERK HOLDING A/S
Established
2010
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales111.492 772.60487.2889.44566.65
Gross profit29.531 683.90174.722.8787.04
EBIT14.08915.04-71.27-32.1359.80
Net earnings8.90711.37-57.9818.2849.21
Shareholders equity total23.21734.57676.60674.88704.09
Balance sheet total (assets)103.811 020.42718.67712.53833.97
Net debt- 511.10- 443.98
Profitability
EBIT-%12.6 %33.0 %-14.6 %-35.9 %10.6 %
ROA19.2 %162.8 %-8.2 %3.5 %9.1 %
ROE45.0 %187.7 %-8.2 %2.7 %7.4 %
ROI22.1 %162.8 %-8.2 %3.6 %10.1 %
Economic value added (EVA)13.00913.88- 108.18-58.5712.44
Solvency
Equity ratio100.0 %100.0 %100.0 %94.8 %84.9 %
Gearing0.0 %3.4 %
Relative net indebtedness %-529.7 %-59.8 %
Liquidity
Quick ratio15.94.7
Current ratio16.75.9
Cash and cash equivalents511.40468.02
Capital use efficiency
Trade debtors turnover (days)232.548.5
Net working capital %332.4 %36.3 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:9.15%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.9%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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