HÅNDVÆRKERENS TRYGHEDSGARANTI A/S — Credit Rating and Financial Key Figures

CVR number: 34615349
Samsøvej 21-23, 8382 Hinnerup

Credit rating

Company information

Official name
HÅNDVÆRKERENS TRYGHEDSGARANTI A/S
Established
2012
Company form
Limited company
Industry

About HÅNDVÆRKERENS TRYGHEDSGARANTI A/S

HÅNDVÆRKERENS TRYGHEDSGARANTI A/S (CVR number: 34615349) is a company from FAVRSKOV. The company recorded a gross profit of 373 kDKK in 2024. The operating profit was 373 kDKK, while net earnings were 1425.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent but Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HÅNDVÆRKERENS TRYGHEDSGARANTI A/S's liquidity measured by quick ratio was 28 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit432.51452.48516.43541.71372.95
EBIT432.51452.48516.43541.71372.95
Net earnings2 782.274 924.38-1 017.371 368.131 425.24
Shareholders equity total6 535.009 459.388 442.019 810.1410 235.38
Balance sheet total (assets)7 860.7712 037.569 847.2710 661.6811 122.14
Net debt-7 447.92-11 088.84-8 374.49-10 054.02-10 377.11
Profitability
EBIT-%
ROA49.0 %63.6 %7.6 %17.3 %16.8 %
ROE45.3 %61.6 %-11.4 %15.0 %14.2 %
ROI54.1 %72.0 %8.2 %17.7 %17.4 %
Economic value added (EVA)344.26399.00517.16460.07303.56
Solvency
Equity ratio83.1 %78.6 %85.7 %92.0 %92.0 %
Gearing0.1 %6.8 %9.7 %0.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio9.05.710.827.328.0
Current ratio9.05.710.827.328.0
Cash and cash equivalents7 451.6011 736.589 191.9210 059.0210 382.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.0%
Rating: 72/100
-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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