Håndwærk Aps — Credit Rating and Financial Key Figures

CVR number: 39842696
Åbyvej 14, 8230 Åbyhøj
jesper@håndwærk.dk
tel: 20763137
www.håndwærk.dk

Credit rating

Company information

Official name
Håndwærk Aps
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

About Håndwærk Aps

Håndwærk Aps (CVR number: 39842696) is a company from AARHUS. The company recorded a gross profit of 884.9 kDKK in 2023. The operating profit was 26.1 kDKK, while net earnings were 17.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Håndwærk Aps's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 318.45
Gross profit707.29620.31738.77796.10884.94
EBIT2.5032.1112.3721.5826.08
Net earnings1.9532.413.6310.9517.66
Shareholders equity total51.9584.2380.6991.64109.30
Balance sheet total (assets)269.58326.64399.71509.21485.58
Net debt- 106.80-54.95-10.01-73.30- 254.27
Profitability
EBIT-%0.2 %
ROA0.9 %11.0 %3.5 %5.1 %5.4 %
ROE3.8 %47.6 %4.4 %12.7 %17.6 %
ROI4.8 %48.3 %15.2 %26.9 %26.9 %
Economic value added (EVA)2.5034.867.3110.5716.59
Solvency
Equity ratio19.3 %25.8 %20.2 %18.0 %22.5 %
Gearing
Relative net indebtedness %8.4 %
Liquidity
Quick ratio0.81.01.01.11.2
Current ratio0.81.01.01.11.2
Cash and cash equivalents106.8054.9510.0173.30254.27
Capital use efficiency
Trade debtors turnover (days)19.3
Net working capital %-2.6 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:5.42%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.5%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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