FONDEN HÅNDVÆRKETS HUS — Credit Rating and Financial Key Figures

CVR number: 14145907
Islands Brygge 26, 2300 København S
SMV@SMVdanmark.dk
www.SMVdanmark.dk

Company information

Official name
FONDEN HÅNDVÆRKETS HUS
Established
1999
Industry

About FONDEN HÅNDVÆRKETS HUS

FONDEN HÅNDVÆRKETS HUS (CVR number: 14145907) is a company from KØBENHAVN. The company reported a net sales of 0.8 mDKK in 2024, demonstrating a decline of -42.4 % compared to the previous year. The operating profit percentage was at 5 % (EBIT: 0 mDKK), while net earnings were 815.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN HÅNDVÆRKETS HUS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales786.96936.761 427.281 475.87849.90
Gross profit749.06551.25830.81932.44288.63
EBIT496.8888.14584.86686.4942.67
Net earnings351.11848.62- 347.051 088.84815.11
Shareholders equity total27 157.0727 155.6825 958.6426 179.3926 119.50
Balance sheet total (assets)27 982.6927 854.0626 472.8726 874.2826 686.30
Net debt-86.34- 399.93- 194.78- 125.95-40.69
Profitability
EBIT-%63.1 %9.4 %41.0 %46.5 %5.0 %
ROA1.9 %4.4 %2.2 %5.3 %4.3 %
ROE1.3 %3.1 %-1.3 %4.2 %3.1 %
ROI2.0 %4.5 %2.3 %5.4 %4.4 %
Economic value added (EVA)-1 046.70-1 302.92- 779.72- 773.67-1 283.78
Solvency
Equity ratio97.0 %97.5 %98.1 %97.4 %97.9 %
Gearing
Relative net indebtedness %93.9 %31.9 %22.4 %38.5 %61.9 %
Liquidity
Quick ratio0.40.90.70.30.1
Current ratio0.40.90.70.30.1
Cash and cash equivalents86.34399.93194.78125.9540.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-59.9 %-5.5 %-7.1 %-25.0 %-57.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.28%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chief executive officer
Board member
Chairman of the board
Board member

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