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: 33055889) is a company from KØBENHAVN. The company recorded a gross profit of -208.5 kDKK in 2023. The operating profit was -208.5 kDKK, while net earnings were 18.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.3 %, 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 27 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -35.25 | -36.95 | -88.27 | - 114.39 | - 208.54 |
EBIT | -35.25 | -36.95 | -88.27 | - 114.39 | - 208.54 |
Net earnings | 6 766.62 | 4 482.53 | 711 364.88 | -57 975.92 | 18 278.93 |
Shareholders equity total | 21 224.87 | 23 207.40 | 734 572.28 | 676 596.36 | 674 875.30 |
Balance sheet total (assets) | 21 560.78 | 25 980.12 | 883 593.59 | 718 423.53 | 693 611.51 |
Net debt | 264.10 | 2 024.43 | - 287 716.81 | - 449 510.90 | - 499 509.76 |
Profitability | |||||
EBIT-% | |||||
ROA | 36.5 % | 18.9 % | 157.6 % | -6.5 % | 4.4 % |
ROE | 37.9 % | 20.2 % | 187.7 % | -8.2 % | 2.7 % |
ROI | 36.6 % | 19.2 % | 161.6 % | -6.6 % | 4.5 % |
Economic value added (EVA) | -9.88 | 211.24 | 529.01 | 6 727.15 | 8 078.17 |
Solvency | |||||
Equity ratio | 98.4 % | 89.3 % | 83.1 % | 94.2 % | 97.3 % |
Gearing | 1.4 % | 8.8 % | 17.3 % | 6.0 % | 1.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.0 | 4.1 | 12.1 | 27.0 |
Current ratio | 0.4 | 0.0 | 4.1 | 12.1 | 27.0 |
Cash and cash equivalents | 29.38 | 29.38 | 414 823.11 | 490 244.40 | 506 209.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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