HANDELS- OG FINANSIERINGSSELSKABETAF 1.10.1989 A/S — Credit Rating and Financial Key Figures

CVR number: 84895210
Hærvejen 8, 6230 Rødekro
henrik@scandinavian.jp
tel: 74630022

Credit rating

Company information

Official name
HANDELS- OG FINANSIERINGSSELSKABETAF 1.10.1989 A/S
Established
1978
Company form
Limited company
Industry

About HANDELS- OG FINANSIERINGSSELSKABETAF 1.10.1989 A/S

HANDELS- OG FINANSIERINGSSELSKABETAF 1.10.1989 A/S (CVR number: 84895210) is a company from AABENRAA. The company recorded a gross profit of -76.4 kDKK in 2023. The operating profit was -76.4 kDKK, while net earnings were -4224.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.7 %, which can be considered poor and Return on Equity (ROE) was -51.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HANDELS- OG FINANSIERINGSSELSKABETAF 1.10.1989 A/S's liquidity measured by quick ratio was 7.5 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
2019
2020
2021
2022
2023
Volume
Net sales287.023.71
Gross profit847.74-19.64-56.33-81.88-76.36
EBIT847.74-19.64-56.33-81.88-76.36
Net earnings3.87619.22377.08-3 571.26-4 224.36
Shareholders equity total13 128.4513 699.7914 034.6110 398.766 121.73
Balance sheet total (assets)13 481.0814 024.0714 352.7710 951.306 498.27
Net debt- 221.74-9.54153.74433.65200.99
Profitability
EBIT-%295.4 %-530.0 %
ROA1.2 %4.9 %3.2 %-11.2 %-47.7 %
ROE0.0 %4.6 %2.7 %-29.2 %-51.1 %
ROI1.2 %5.0 %3.3 %-11.2 %-48.3 %
Economic value added (EVA)586.55- 259.89- 306.83- 339.70- 230.05
Solvency
Equity ratio97.4 %97.7 %97.8 %95.0 %94.2 %
Gearing1.7 %1.7 %1.7 %4.7 %4.1 %
Relative net indebtedness %-30.7 %2346.0 %
Liquidity
Quick ratio14.616.316.96.47.5
Current ratio14.616.316.96.47.5
Cash and cash equivalents440.80237.3683.1955.4750.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1664.7 %133408.0 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-47.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.2%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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