HÅNDVÆRKEREN ApS — Credit Rating and Financial Key Figures

CVR number: 20100842
Frederiksgade 39, 8700 Horsens
haandvaerkeren.aps@mail.tele.dk
tel: 75653344

Credit rating

Company information

Official name
HÅNDVÆRKEREN ApS
Personnel
5 persons
Established
1997
Company form
Private limited company
Industry

About HÅNDVÆRKEREN ApS

HÅNDVÆRKEREN ApS (CVR number: 20100842) is a company from HORSENS. The company recorded a gross profit of 2210.9 kDKK in 2023. The operating profit was 212.6 kDKK, while net earnings were 193.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.1 %, which can be considered excellent and Return on Equity (ROE) was 65.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HÅNDVÆRKEREN ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 942.861 649.801 804.611 704.992 210.89
EBIT642.3671.16282.1935.76212.59
Net earnings586.030.11241.3316.00193.22
Shareholders equity total-52.52-52.40188.92196.46389.68
Balance sheet total (assets)1 315.571 257.321 321.841 207.291 440.64
Net debt316.45154.782.89271.01-58.07
Profitability
EBIT-%
ROA46.6 %6.3 %21.4 %2.8 %16.1 %
ROE55.7 %0.0 %33.4 %8.3 %65.9 %
ROI85.4 %13.5 %45.8 %6.7 %47.0 %
Economic value added (EVA)644.4364.11285.1334.73203.22
Solvency
Equity ratio-3.8 %-4.0 %14.3 %16.3 %27.0 %
Gearing-1160.8 %-1008.1 %215.5 %137.9 %12.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.41.61.21.4
Current ratio1.51.51.81.31.5
Cash and cash equivalents293.17373.52404.31105.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.1%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.0%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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