HANDIKUVERTERING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANDIKUVERTERING A/S
HANDIKUVERTERING A/S (CVR number: 52969719) is a company from FURESØ. The company recorded a gross profit of 1948.5 kDKK in 2023. The operating profit was -434.6 kDKK, while net earnings were -475.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -11.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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. HANDIKUVERTERING A/S's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 179.07 | 2 360.44 | 2 129.09 | 2 111.57 | 1 948.49 |
| EBIT | 112.87 | 171.16 | 205.64 | -52.85 | - 434.58 |
| Net earnings | 29.56 | 123.14 | 158.82 | -98.98 | - 475.63 |
| Shareholders equity total | 2 816.62 | 2 940.49 | 3 099.31 | 3 000.33 | 5 062.20 |
| Balance sheet total (assets) | 6 951.18 | 7 003.85 | 6 899.17 | 6 575.18 | 6 364.02 |
| Net debt | 2 575.22 | 2 037.25 | 2 215.61 | 2 182.51 | 475.06 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.7 % | 2.5 % | 3.0 % | -0.8 % | -6.7 % |
| ROE | 1.1 % | 4.3 % | 5.3 % | -3.2 % | -11.8 % |
| ROI | 1.9 % | 2.7 % | 3.3 % | -0.9 % | -7.2 % |
| Economic value added (EVA) | -22.26 | 7.30 | 63.20 | - 210.22 | - 579.46 |
| Solvency | |||||
| Equity ratio | 40.5 % | 42.0 % | 44.9 % | 45.6 % | 79.5 % |
| Gearing | 122.7 % | 112.9 % | 104.8 % | 102.8 % | 16.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.7 | 2.6 | 3.4 | 3.4 | 2.9 |
| Current ratio | 3.0 | 2.8 | 3.6 | 3.6 | 3.0 |
| Cash and cash equivalents | 879.96 | 1 283.91 | 1 032.46 | 902.98 | 361.05 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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