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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 2.6 mDKK in 2025, demonstrating a decline of -8.5 % compared to the previous year. The operating profit percentage was poor at -77 % (EBIT: -2 mDKK), while net earnings were -1741.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.4 %, which can be considered poor and Return on Equity (ROE) was -26.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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 8.2 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 133.75 | 2 573.14 | 2 994.38 | 2 827.98 | 2 586.28 |
| Gross profit | 1 010.91 | 914.36 | 1 096.60 | 975.62 | -1 664.54 |
| EBIT | 486.29 | 434.00 | 567.41 | 427.81 | -1 990.63 |
| Net earnings | 263.82 | 221.22 | 1 031.03 | 37.17 | -1 741.81 |
| Shareholders equity total | 3 714.52 | 6 314.78 | 7 500.18 | 7 537.35 | 5 795.54 |
| Balance sheet total (assets) | 7 863.75 | 10 959.70 | 12 679.33 | 12 355.23 | 10 220.05 |
| Net debt | 2 416.20 | 1 358.36 | -3 533.43 | -3 638.23 | -1 366.41 |
| Profitability | |||||
| EBIT-% | 22.8 % | 16.9 % | 18.9 % | 15.1 % | -77.0 % |
| ROA | 5.9 % | 4.6 % | 20.0 % | 3.4 % | -17.4 % |
| ROE | 7.1 % | 4.4 % | 14.9 % | 0.5 % | -26.1 % |
| ROI | 6.2 % | 5.0 % | 21.7 % | 3.6 % | -18.3 % |
| Economic value added (EVA) | 81.06 | -72.31 | -92.55 | - 296.12 | -2 170.54 |
| Solvency | |||||
| Equity ratio | 47.2 % | 57.6 % | 59.2 % | 61.0 % | 56.7 % |
| Gearing | 103.8 % | 48.6 % | 39.6 % | 38.8 % | 49.7 % |
| Relative net indebtedness % | 126.9 % | 95.6 % | -93.2 % | -111.6 % | -29.6 % |
| Liquidity | |||||
| Quick ratio | 4.4 | 4.2 | 9.2 | 19.1 | 8.2 |
| Current ratio | 4.4 | 4.2 | 9.2 | 19.1 | 8.2 |
| Cash and cash equivalents | 1 440.44 | 1 711.58 | 6 501.36 | 6 563.68 | 4 247.10 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 90.4 | 85.6 | 140.3 | ||
| Net working capital % | 81.8 % | 158.3 % | 215.7 % | 242.8 % | 179.4 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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