HANDY A/S — Credit Rating and Financial Key Figures

CVR number: 29399905
Egegårdsvej 3, 4621 Gadstrup
tel: 46354920

Credit rating

Company information

Official name
HANDY A/S
Personnel
16 persons
Established
2005
Company form
Limited company
Industry

About HANDY A/S

HANDY A/S (CVR number: 29399905) is a company from ROSKILDE. The company recorded a gross profit of 11.9 mDKK in 2023. The operating profit was 4086.5 kDKK, while net earnings were 3235.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.5 %, which can be considered excellent and Return on Equity (ROE) was 65.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HANDY A/S's liquidity measured by quick ratio was 2.5 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 sales
Gross profit7 689.047 819.5111 865.6110 402.8511 898.06
EBIT1 104.211 899.155 156.622 413.184 086.53
Net earnings874.361 515.994 072.371 944.913 235.90
Shareholders equity total2 610.744 126.735 349.104 294.015 629.92
Balance sheet total (assets)5 011.749 084.739 059.408 577.669 463.08
Net debt- 202.82-4 263.90-2 107.90-2 572.18-3 478.77
Profitability
EBIT-%
ROA24.2 %27.7 %57.9 %28.2 %46.5 %
ROE40.2 %45.0 %86.0 %40.3 %65.2 %
ROI40.5 %51.0 %96.7 %44.3 %76.0 %
Economic value added (EVA)769.991 363.524 034.781 736.883 151.81
Solvency
Equity ratio52.1 %45.4 %59.0 %50.1 %59.5 %
Gearing2.8 %23.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.02.82.22.5
Current ratio1.92.02.82.22.5
Cash and cash equivalents202.824 377.722 107.903 592.433 478.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:46.5%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.5%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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