HANDELS- OG FINANSIERINGSSELSKABETAF 1.10.1989 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 287.02 | 3.71 | |||
Gross profit | 847.74 | -19.64 | -56.33 | -81.88 | -76.36 |
EBIT | 847.74 | -19.64 | -56.33 | -81.88 | -76.36 |
Net earnings | 3.87 | 619.22 | 377.08 | -3 571.26 | -4 224.36 |
Shareholders equity total | 13 128.45 | 13 699.79 | 14 034.61 | 10 398.76 | 6 121.73 |
Balance sheet total (assets) | 13 481.08 | 14 024.07 | 14 352.77 | 10 951.30 | 6 498.27 |
Net debt | - 221.74 | -9.54 | 153.74 | 433.65 | 200.99 |
Profitability | |||||
EBIT-% | 295.4 % | -530.0 % | |||
ROA | 1.2 % | 4.9 % | 3.2 % | -11.2 % | -47.7 % |
ROE | 0.0 % | 4.6 % | 2.7 % | -29.2 % | -51.1 % |
ROI | 1.2 % | 5.0 % | 3.3 % | -11.2 % | -48.3 % |
Economic value added (EVA) | 586.55 | - 259.89 | - 306.83 | - 339.70 | - 230.05 |
Solvency | |||||
Equity ratio | 97.4 % | 97.7 % | 97.8 % | 95.0 % | 94.2 % |
Gearing | 1.7 % | 1.7 % | 1.7 % | 4.7 % | 4.1 % |
Relative net indebtedness % | -30.7 % | 2346.0 % | |||
Liquidity | |||||
Quick ratio | 14.6 | 16.3 | 16.9 | 6.4 | 7.5 |
Current ratio | 14.6 | 16.3 | 16.9 | 6.4 | 7.5 |
Cash and cash equivalents | 440.80 | 237.36 | 83.19 | 55.47 | 50.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1664.7 % | 133408.0 % | |||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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