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 3 mDKK in 2023, demonstrating a growth of 16.4 % compared to the previous year. The operating profit percentage was at 18.9 % (EBIT: 0.6 mDKK), while net earnings were 1031 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent but Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 59.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HÅNDVÆRKER KOLLEGIETS FOND's liquidity measured by quick ratio was 9.2 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
20192020202120222023
Volume
Net sales2 956.541 994.392 133.752 573.142 994.38
Gross profit1 560.851 113.311 010.91914.361 096.60
EBIT781.52573.90486.29434.00567.41
Net earnings550.77225.26263.82221.221 031.03
Shareholders equity total3 363.513 730.043 714.526 314.787 500.18
Balance sheet total (assets)8 402.008 634.597 863.7510 959.7012 679.33
Net debt2 639.402 461.782 416.201 358.36-3 533.43
Profitability
EBIT-%26.4 %28.8 %22.8 %16.9 %18.9 %
ROA8.0 %6.7 %5.9 %4.6 %20.0 %
ROE16.8 %6.4 %7.1 %4.4 %14.9 %
ROI8.2 %7.1 %6.2 %5.0 %21.7 %
Economic value added (EVA)438.27172.13284.53114.63296.91
Solvency
Equity ratio40.0 %43.2 %47.2 %57.6 %59.2 %
Gearing139.5 %116.2 %103.8 %48.6 %39.6 %
Relative net indebtedness %101.0 %152.0 %126.9 %95.6 %-93.2 %
Liquidity
Quick ratio4.33.64.44.29.2
Current ratio4.33.64.44.29.2
Cash and cash equivalents2 051.141 872.481 440.441 711.586 501.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %63.1 %103.5 %81.8 %158.3 %215.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:20.0%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.2%
Rating: 46/100
-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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