HANDSKE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 29.44 | 16.94 | 9.74 | ||
Gross profit | -0.22 | -8.61 | -10.16 | -21.85 | -24.43 |
EBIT | -31.78 | -37.66 | -38.39 | -31.37 | -83.54 |
Net earnings | 149.40 | 29.49 | 165.43 | -28.56 | 135.60 |
Shareholders equity total | 523.73 | 503.22 | 633.65 | 570.09 | 690.69 |
Balance sheet total (assets) | 609.00 | 628.62 | 712.39 | 972.91 | 1 086.30 |
Net debt | -27.23 | -18.80 | -1.32 | - 286.65 | - 239.35 |
Profitability | |||||
EBIT-% | -108.0 % | -222.4 % | -394.1 % | ||
ROA | 29.4 % | 6.2 % | 31.7 % | -3.3 % | 16.9 % |
ROE | 31.6 % | 5.7 % | 29.1 % | -4.7 % | 21.5 % |
ROI | 33.5 % | 7.4 % | 37.4 % | -4.6 % | 27.6 % |
Economic value added (EVA) | -51.19 | -55.58 | -55.20 | -63.21 | -93.81 |
Solvency | |||||
Equity ratio | 86.0 % | 80.1 % | 88.9 % | 58.6 % | 63.6 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | 196.6 % | 629.4 % | 794.7 % | ||
Liquidity | |||||
Quick ratio | 0.4 | 0.2 | 0.0 | 0.7 | 0.6 |
Current ratio | 0.4 | 0.2 | 0.0 | 0.7 | 0.6 |
Cash and cash equivalents | 27.39 | 18.80 | 1.32 | 286.65 | 239.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 75.4 | 86.9 | |||
Net working capital % | -175.9 % | -605.6 % | -794.7 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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