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HANDELSAKTIESELSKABET — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANDELSAKTIESELSKABET
HANDELSAKTIESELSKABET (CVR number: 75395728) is a company from AALBORG. The company recorded a gross profit of -10 kDKK in 2024. The operating profit was -10 kDKK, while net earnings were 721.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 73.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. HANDELSAKTIESELSKABET's liquidity measured by quick ratio was 628.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -0.03 | -0.03 | -0.05 | -0.60 | -10.04 |
| EBIT | -0.03 | -0.03 | -0.05 | -0.60 | -10.04 |
| Net earnings | 20.08 | 20.79 | 30.08 | 42.33 | 721.69 |
| Shareholders equity total | 521.91 | 542.70 | 572.79 | 615.11 | 1 336.81 |
| Balance sheet total (assets) | 521.91 | 542.70 | 572.79 | 615.11 | 6 287.53 |
| Net debt | -1.21 | -1.17 | -1.33 | -0.73 | -1 345.02 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 3.9 % | 3.9 % | 5.4 % | 7.1 % | 21.6 % |
| ROE | 3.9 % | 3.9 % | 5.4 % | 7.1 % | 73.9 % |
| ROI | 3.9 % | 3.9 % | 5.4 % | 7.1 % | 21.7 % |
| Economic value added (EVA) | -25.25 | -26.25 | -27.32 | -29.39 | -40.95 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 21.3 % |
| Gearing | 369.6 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 628.8 | ||||
| Current ratio | 628.8 | ||||
| Cash and cash equivalents | 1.21 | 1.17 | 1.33 | 0.73 | 6 285.75 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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