HANDSKE ApS — Credit Rating and Financial Key Figures

CVR number: 10057523
Lynge Søpark 22, 3540 Lynge
soren@handskemager.dk
tel: 48188005

Credit rating

Company information

Official name
HANDSKE ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About HANDSKE ApS

HANDSKE ApS (CVR number: 10057523) is a company from ALLERØD. The company recorded a gross profit of -24.4 kDKK in 2023. The operating profit was -83.5 kDKK, while net earnings were 135.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HANDSKE ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales29.4416.949.74
Gross profit-0.22-8.61-10.16-21.85-24.43
EBIT-31.78-37.66-38.39-31.37-83.54
Net earnings149.4029.49165.43-28.56135.60
Shareholders equity total523.73503.22633.65570.09690.69
Balance sheet total (assets)609.00628.62712.39972.911 086.30
Net debt-27.23-18.80-1.32- 286.65- 239.35
Profitability
EBIT-%-108.0 %-222.4 %-394.1 %
ROA29.4 %6.2 %31.7 %-3.3 %16.9 %
ROE31.6 %5.7 %29.1 %-4.7 %21.5 %
ROI33.5 %7.4 %37.4 %-4.6 %27.6 %
Economic value added (EVA)-51.19-55.58-55.20-63.21-93.81
Solvency
Equity ratio86.0 %80.1 %88.9 %58.6 %63.6 %
Gearing0.0 %
Relative net indebtedness %196.6 %629.4 %794.7 %
Liquidity
Quick ratio0.40.20.00.70.6
Current ratio0.40.20.00.70.6
Cash and cash equivalents27.3918.801.32286.65239.35
Capital use efficiency
Trade debtors turnover (days)75.486.9
Net working capital %-175.9 %-605.6 %-794.7 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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