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

CVR number: 33055889
Skagerrakvej 4, 2150 Nordhavn

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: 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings6 766.624 482.53711 364.88-57 975.9218 278.93
Shareholders equity total21 224.8723 207.40734 572.28676 596.36674 875.30
Balance sheet total (assets)21 560.7825 980.12883 593.59718 423.53693 611.51
Net debt264.102 024.43- 287 716.81- 449 510.90- 499 509.76
Profitability
EBIT-%
ROA36.5 %18.9 %157.6 %-6.5 %4.4 %
ROE37.9 %20.2 %187.7 %-8.2 %2.7 %
ROI36.6 %19.2 %161.6 %-6.6 %4.5 %
Economic value added (EVA)-9.88211.24529.016 727.158 078.17
Solvency
Equity ratio98.4 %89.3 %83.1 %94.2 %97.3 %
Gearing1.4 %8.8 %17.3 %6.0 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.04.112.127.0
Current ratio0.40.04.112.127.0
Cash and cash equivalents29.3829.38414 823.11490 244.40506 209.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:4.43%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.3%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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