AS Handel ApS — Credit Rating and Financial Key Figures

CVR number: 38792830
Gammel Kongevej 47, 1610 København V
www.concordekiosk.dk

Credit rating

Company information

Official name
AS Handel ApS
Personnel
3 persons
Established
2017
Company form
Private limited company
Industry

About AS Handel ApS

AS Handel ApS (CVR number: 38792830) is a company from KØBENHAVN. The company recorded a gross profit of 525.5 kDKK in 2023. The operating profit was 160.1 kDKK, while net earnings were 122.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent and Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AS Handel ApS's liquidity measured by quick ratio was 3.3 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 profit445.91644.16352.93774.52525.52
EBIT80.4221.7516.74365.82160.11
Net earnings62.6516.7111.83284.94122.30
Shareholders equity total152.56293.22305.06532.80769.50
Balance sheet total (assets)236.03394.75348.95874.421 038.44
Net debt-34.67- 182.80- 107.35- 421.40- 687.96
Profitability
EBIT-%
ROA27.8 %6.9 %4.5 %59.8 %16.7 %
ROE51.7 %7.5 %4.0 %68.0 %18.8 %
ROI35.3 %9.5 %5.6 %81.0 %20.9 %
Economic value added (EVA)48.118.69-1.67270.0194.82
Solvency
Equity ratio64.6 %74.3 %87.4 %60.9 %74.1 %
Gearing7.9 %12.3 %21.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.34.02.13.3
Current ratio1.32.85.92.33.6
Cash and cash equivalents46.76182.80107.35486.97853.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:16.7%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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