HANDMATE ApS — Credit Rating and Financial Key Figures

CVR number: 41181141
Bymosevej 28, Hasle 8210 Aarhus V
tel: 26293452
www.hand-mate.dk

Credit rating

Company information

Official name
HANDMATE ApS
Personnel
2 persons
Established
2020
Domicile
Hasle
Company form
Private limited company
Industry

About HANDMATE ApS

HANDMATE ApS (CVR number: 41181141) is a company from AARHUS. The company recorded a gross profit of 1459.4 kDKK in 2023. The operating profit was 192.4 kDKK, while net earnings were 149.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.5 %, which can be considered excellent and Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HANDMATE ApS's liquidity measured by quick ratio was 5.6 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
2020
2021
2022
2023
Volume
Net sales
Gross profit716.671 328.631 484.041 459.39
EBIT431.25217.57193.16192.35
Net earnings335.48162.52148.27149.81
Shareholders equity total375.48425.00458.87490.88
Balance sheet total (assets)545.59543.43552.41596.85
Net debt- 468.25- 339.82- 422.09- 461.09
Profitability
EBIT-%
ROA79.0 %40.0 %35.3 %33.5 %
ROE89.3 %40.6 %33.6 %31.5 %
ROI114.9 %54.4 %43.7 %40.5 %
Economic value added (EVA)336.24149.90129.05126.61
Solvency
Equity ratio68.8 %78.2 %83.1 %82.2 %
Gearing0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.24.65.95.6
Current ratio3.24.65.95.6
Cash and cash equivalents468.25339.82422.76461.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:33.5%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.2%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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