HANDY WEAR IKAST HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32074294
Strøget 52, 7430 Ikast
claus@birgitogclaus.dk
tel: 21291699
www.birgitogclaus.dk

Company information

Official name
HANDY WEAR IKAST HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About HANDY WEAR IKAST HOLDING ApS

HANDY WEAR IKAST HOLDING ApS (CVR number: 32074294) is a company from IKAST-BRANDE. The company recorded a gross profit of -48.8 kDKK in 2021. The operating profit was -48.8 kDKK, while net earnings were 544.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.6 %, which can be considered excellent and Return on Equity (ROE) was 37.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HANDY WEAR IKAST HOLDING ApS's liquidity measured by quick ratio was 24.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-11.91-22.00-19.38-16.37-48.77
EBIT-11.91-22.00-19.38-16.37-48.77
Net earnings284.05128.19184.5470.05544.73
Shareholders equity total1 186.771 211.571 288.101 247.551 679.28
Balance sheet total (assets)1 357.411 348.231 396.091 336.021 750.68
Net debt- 458.44- 721.78- 726.29- 675.02-1 240.16
Profitability
EBIT-%
ROA26.8 %12.8 %14.2 %8.6 %37.6 %
ROE26.9 %10.7 %14.8 %5.5 %37.2 %
ROI28.5 %14.1 %15.6 %9.1 %39.0 %
Economic value added (EVA)5.71-31.04-18.21-2.11-16.90
Solvency
Equity ratio87.4 %89.9 %92.3 %93.4 %95.9 %
Gearing4.9 %4.4 %
Relative net indebtedness %
Liquidity
Quick ratio6.37.38.422.624.5
Current ratio6.37.38.422.624.5
Cash and cash equivalents516.30721.78726.29729.331 240.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBB

Variable visualization

ROA:37.6%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.9%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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