HÅNDVÆRKER KOLLEGIETS FOND — Credit Rating and Financial Key Figures

CVR number: 11614094
Ellemosevej 25, 8370 Hadsten

Credit rating

Company information

Official name
HÅNDVÆRKER KOLLEGIETS FOND
Personnel
1 person
Established
1999
Industry
  • Expand more icon55Accommodation

About HÅNDVÆRKER KOLLEGIETS FOND

HÅNDVÆRKER KOLLEGIETS FOND (CVR number: 11614094) is a company from FAVRSKOV. The company reported a net sales of 2.8 mDKK in 2024, demonstrating a decline of -5.6 % compared to the previous year. The operating profit percentage was at 15.1 % (EBIT: 0.4 mDKK), while net earnings were 37.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61 %, 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. HÅNDVÆRKER KOLLEGIETS FOND's liquidity measured by quick ratio was 19.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 994.392 133.752 573.142 994.382 827.98
Gross profit1 113.311 010.91914.361 096.60975.62
EBIT573.90486.29434.00567.41427.81
Net earnings225.26263.82221.221 031.0337.17
Shareholders equity total3 730.043 714.526 314.787 500.187 537.35
Balance sheet total (assets)8 634.597 863.7510 959.7012 679.3312 355.23
Net debt2 461.782 416.201 358.36-3 533.43-3 638.23
Profitability
EBIT-%28.8 %22.8 %16.9 %18.9 %15.1 %
ROA6.7 %5.9 %4.6 %20.0 %3.4 %
ROE6.4 %7.1 %4.4 %14.9 %0.5 %
ROI7.1 %6.2 %5.0 %21.7 %3.6 %
Economic value added (EVA)172.13284.53114.63296.91377.49
Solvency
Equity ratio43.2 %47.2 %57.6 %59.2 %61.0 %
Gearing116.2 %103.8 %48.6 %39.6 %38.8 %
Relative net indebtedness %152.0 %126.9 %95.6 %-93.2 %-111.6 %
Liquidity
Quick ratio3.64.44.29.219.1
Current ratio3.64.44.29.219.1
Cash and cash equivalents1 872.481 440.441 711.586 501.366 563.68
Capital use efficiency
Trade debtors turnover (days)90.488.1
Net working capital %103.5 %81.8 %158.3 %215.7 %242.8 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.42%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Chairman of the board

Companies in the same industry

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