Handcrafts ApS — Credit Rating and Financial Key Figures

CVR number: 42057924
Naverland 32, 2600 Glostrup
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Company information

Official name
Handcrafts ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About Handcrafts ApS

Handcrafts ApS (CVR number: 42057924) is a company from ALBERTSLUND. The company recorded a gross profit of 360.7 kDKK in 2023. The operating profit was -5.4 kDKK, while net earnings were -7.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -11.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Handcrafts ApS's liquidity measured by quick ratio was 1.8 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
2021
2022
2023
Volume
Net sales
Gross profit498.23379.09360.68
EBIT-17.542.12-5.38
Net earnings-24.441.69-7.16
Shareholders equity total66.2667.2760.11
Balance sheet total (assets)181.01265.97132.73
Net debt- 113.97- 133.30-58.08
Profitability
EBIT-%
ROA-9.6 %0.9 %-2.7 %
ROE-36.9 %2.5 %-11.2 %
ROI-26.3 %3.2 %-8.4 %
Economic value added (EVA)-17.544.52-2.06
Solvency
Equity ratio36.6 %25.3 %45.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.8
Current ratio1.61.31.8
Cash and cash equivalents113.97133.3058.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-2.70%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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