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HANDY WEAR IKAST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANDY WEAR IKAST ApS
HANDY WEAR IKAST ApS (CVR number: 20300884) is a company from FAVRSKOV. The company recorded a gross profit of 607.1 kDKK in 2025. The operating profit was -34.8 kDKK, while net earnings were 2.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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 2.2 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 407.13 | ||||
| Gross profit | 1 326.61 | 996.60 | 670.07 | 1 010.08 | 607.14 |
| EBIT | 805.48 | 403.16 | -10.22 | 438.96 | -34.80 |
| Net earnings | 642.37 | 329.47 | 4.57 | 366.99 | 2.20 |
| Shareholders equity total | 1 748.31 | 1 452.79 | 1 157.35 | 1 406.54 | 1 286.74 |
| Balance sheet total (assets) | 2 277.91 | 1 934.25 | 1 595.68 | 1 829.52 | 1 701.06 |
| Net debt | - 440.23 | - 249.69 | - 159.82 | - 301.49 | - 169.79 |
| Profitability | |||||
| EBIT-% | 33.5 % | ||||
| ROA | 42.9 % | 20.2 % | 0.3 % | 27.5 % | 0.2 % |
| ROE | 45.0 % | 20.6 % | 0.3 % | 28.6 % | 0.2 % |
| ROI | 57.5 % | 26.6 % | 0.5 % | 36.5 % | 0.3 % |
| Economic value added (EVA) | 572.01 | 226.42 | -81.10 | 283.41 | - 105.48 |
| Solvency | |||||
| Equity ratio | 76.8 % | 75.1 % | 72.5 % | 76.9 % | 75.6 % |
| Gearing | 0.2 % | 0.2 % | 0.3 % | 0.1 % | |
| Relative net indebtedness % | 3.6 % | ||||
| Liquidity | |||||
| Quick ratio | 2.2 | 1.7 | 1.8 | 2.8 | 2.2 |
| Current ratio | 4.3 | 3.8 | 3.5 | 5.7 | 4.1 |
| Cash and cash equivalents | 443.90 | 252.13 | 163.40 | 301.49 | 171.11 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 26.7 | ||||
| Net working capital % | 71.6 % | ||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | BBB |
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