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 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 994.39 | 2 133.75 | 2 573.14 | 2 994.38 | 2 827.98 |
Gross profit | 1 113.31 | 1 010.91 | 914.36 | 1 096.60 | 975.62 |
EBIT | 573.90 | 486.29 | 434.00 | 567.41 | 427.81 |
Net earnings | 225.26 | 263.82 | 221.22 | 1 031.03 | 37.17 |
Shareholders equity total | 3 730.04 | 3 714.52 | 6 314.78 | 7 500.18 | 7 537.35 |
Balance sheet total (assets) | 8 634.59 | 7 863.75 | 10 959.70 | 12 679.33 | 12 355.23 |
Net debt | 2 461.78 | 2 416.20 | 1 358.36 | -3 533.43 | -3 638.23 |
Profitability | |||||
EBIT-% | 28.8 % | 22.8 % | 16.9 % | 18.9 % | 15.1 % |
ROA | 6.7 % | 5.9 % | 4.6 % | 20.0 % | 3.4 % |
ROE | 6.4 % | 7.1 % | 4.4 % | 14.9 % | 0.5 % |
ROI | 7.1 % | 6.2 % | 5.0 % | 21.7 % | 3.6 % |
Economic value added (EVA) | 172.13 | 284.53 | 114.63 | 296.91 | 377.49 |
Solvency | |||||
Equity ratio | 43.2 % | 47.2 % | 57.6 % | 59.2 % | 61.0 % |
Gearing | 116.2 % | 103.8 % | 48.6 % | 39.6 % | 38.8 % |
Relative net indebtedness % | 152.0 % | 126.9 % | 95.6 % | -93.2 % | -111.6 % |
Liquidity | |||||
Quick ratio | 3.6 | 4.4 | 4.2 | 9.2 | 19.1 |
Current ratio | 3.6 | 4.4 | 4.2 | 9.2 | 19.1 |
Cash and cash equivalents | 1 872.48 | 1 440.44 | 1 711.58 | 6 501.36 | 6 563.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 90.4 | 88.1 | |||
Net working capital % | 103.5 % | 81.8 % | 158.3 % | 215.7 % | 242.8 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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