HÅNDVÆRKER KOLLEGIETS FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 956.54 | 1 994.39 | 2 133.75 | 2 573.14 | 2 994.38 |
Gross profit | 1 560.85 | 1 113.31 | 1 010.91 | 914.36 | 1 096.60 |
EBIT | 781.52 | 573.90 | 486.29 | 434.00 | 567.41 |
Net earnings | 550.77 | 225.26 | 263.82 | 221.22 | 1 031.03 |
Shareholders equity total | 3 363.51 | 3 730.04 | 3 714.52 | 6 314.78 | 7 500.18 |
Balance sheet total (assets) | 8 402.00 | 8 634.59 | 7 863.75 | 10 959.70 | 12 679.33 |
Net debt | 2 639.40 | 2 461.78 | 2 416.20 | 1 358.36 | -3 533.43 |
Profitability | |||||
EBIT-% | 26.4 % | 28.8 % | 22.8 % | 16.9 % | 18.9 % |
ROA | 8.0 % | 6.7 % | 5.9 % | 4.6 % | 20.0 % |
ROE | 16.8 % | 6.4 % | 7.1 % | 4.4 % | 14.9 % |
ROI | 8.2 % | 7.1 % | 6.2 % | 5.0 % | 21.7 % |
Economic value added (EVA) | 438.27 | 172.13 | 284.53 | 114.63 | 296.91 |
Solvency | |||||
Equity ratio | 40.0 % | 43.2 % | 47.2 % | 57.6 % | 59.2 % |
Gearing | 139.5 % | 116.2 % | 103.8 % | 48.6 % | 39.6 % |
Relative net indebtedness % | 101.0 % | 152.0 % | 126.9 % | 95.6 % | -93.2 % |
Liquidity | |||||
Quick ratio | 4.3 | 3.6 | 4.4 | 4.2 | 9.2 |
Current ratio | 4.3 | 3.6 | 4.4 | 4.2 | 9.2 |
Cash and cash equivalents | 2 051.14 | 1 872.48 | 1 440.44 | 1 711.58 | 6 501.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 63.1 % | 103.5 % | 81.8 % | 158.3 % | 215.7 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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