HANDY WEAR IKAST ApS — Credit Rating and Financial Key Figures

CVR number: 20300884
Gl Frijsenborgvej 45, 8450 Hammel
pernille@handywear.dk
tel: 97157755
www.handywear.dk

Credit rating

Company information

Official name
HANDY WEAR IKAST ApS
Personnel
1 person
Established
1997
Company form
Private limited company
Industry
  • Expand more icon142100

About HANDY WEAR IKAST ApS

HANDY WEAR IKAST ApS (CVR number: 20300884) is a company from FAVRSKOV. The company recorded a gross profit of 1011.6 kDKK in 2024. The operating profit was 439 kDKK, while net earnings were 367 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. HANDY WEAR IKAST ApS's liquidity measured by quick ratio was 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
2020
2021
2022
2023
2024
Volume
Net sales2 407.13
Gross profit1 063.161 326.61996.60670.071 011.62
EBIT194.66805.48403.16-10.22438.96
Net earnings148.51642.37329.474.57366.99
Shareholders equity total1 105.951 748.311 452.791 157.351 406.54
Balance sheet total (assets)1 569.082 277.911 934.251 595.681 829.52
Net debt- 322.31- 440.23- 249.69- 159.82- 301.49
Profitability
EBIT-%33.5 %
ROA13.3 %42.9 %20.2 %0.3 %27.5 %
ROE14.4 %45.0 %20.6 %0.3 %28.6 %
ROI18.0 %57.5 %26.6 %0.5 %36.3 %
Economic value added (EVA)111.08589.75248.91-68.31292.40
Solvency
Equity ratio70.5 %76.8 %75.1 %72.5 %76.9 %
Gearing1.4 %0.2 %0.2 %0.3 %
Relative net indebtedness %3.6 %
Liquidity
Quick ratio1.42.21.71.83.0
Current ratio3.34.33.83.55.9
Cash and cash equivalents337.69443.90252.13163.40301.49
Capital use efficiency
Trade debtors turnover (days)26.7
Net working capital %71.6 %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:27.5%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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