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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
Free credit report Annual report

Credit rating

Company information

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

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales2 407.13
Gross profit1 326.61996.60670.071 010.08607.14
EBIT805.48403.16-10.22438.96-34.80
Net earnings642.37329.474.57366.992.20
Shareholders equity total1 748.311 452.791 157.351 406.541 286.74
Balance sheet total (assets)2 277.911 934.251 595.681 829.521 701.06
Net debt- 440.23- 249.69- 159.82- 301.49- 169.79
Profitability
EBIT-%33.5 %
ROA42.9 %20.2 %0.3 %27.5 %0.2 %
ROE45.0 %20.6 %0.3 %28.6 %0.2 %
ROI57.5 %26.6 %0.5 %36.5 %0.3 %
Economic value added (EVA)572.01226.42-81.10283.41- 105.48
Solvency
Equity ratio76.8 %75.1 %72.5 %76.9 %75.6 %
Gearing0.2 %0.2 %0.3 %0.1 %
Relative net indebtedness %3.6 %
Liquidity
Quick ratio2.21.71.82.82.2
Current ratio4.33.83.55.74.1
Cash and cash equivalents443.90252.13163.40301.49171.11
Capital use efficiency
Trade debtors turnover (days)26.7
Net working capital %71.6 %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:0.21%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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