Handy Transportvogne A/S Due Diligence

Run due diligence on Handy Transportvogne A/S: check compliance and get alerts when suppliers or ownership change.

Denmark · owned by SIG HOLDING ApS (Denmark) · handy.dk · 17 vendors

Handy Transportvogne A/S is a Danish company specialising in the design and manufacture of customer-tailored transport trolleys and carts. The company produces a range of handling and logistics equipment used in industrial and commercial settings. Their products are customised to meet specific client requirements.

Resilience scores

Technology vendors

Services catalogue

1 service in catalogue across 1 category; runs on 17 sub-vendors.

Insights

Last updated 2026-10-15 · revision 3

17 direct vendors, 247 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Migration Readiness: 4/10

Assessed by AI based on technology stack characteristics (cloud-native vs legacy, containerization, microservices), regulatory environment, data residency requirements, financial stability, and vendor lock-in risks. The score ranges from 0-10, where higher scores indicate better readiness for technology migration.

Handy Transportvogne A/S demonstrates low to medium migration readiness. A primary challenge is the complete lack of information regarding the company's internal IT tech stack (e.g., cloud-native, containerization, microservices vs. legacy monolithic systems). This critical data gap makes it impossible to assess the technical complexity, effort, and potential costs associated with a migration. Furthermore, strict regulatory requirements (GDPR, likely NIS2) and explicit EU data residency requirements will necessitate careful planning, potentially limiting choices for cloud providers or deployment regions and adding complexity and cost to any migration project. The financial capacity to fund a migration is also unknown due to missing revenue and growth data. A key strength, however, is the explicitly stated low vendor lock-in risk, supported by a diverse vendor base (17 vendors across 23 services with geographic diversity). This suggests greater flexibility in choosing new solutions and potentially easier contract renegotiations during a migration process, which is a significant advantage.

Compliance

11 in-scope frameworks identified; showing 3.

SOC 2 (source) — No public evidence

SOC 2 reports are common for technology and service organizations. It is not a typical framework for a manufacturing company unless it provides services that handle customer data, which does not appear to be the company's primary business.

WEEE Directive — No public evidence

The company manufactures products such as lifting tables which may contain electrical and electronic components. If so, they would be subject to the WEEE Directive for products sold within the EU.

ISAE 3000 (source) — No public evidence

This assurance standard is not typically sought by manufacturing companies unless they provide specific outsourced services where customers require an independent attestation over controls (e.g., related to security or privacy).

Financials

Three-year financials

Financial Resilience Score: 7/10

Handy Transportvogne A/S demonstrates solid financial resilience for a small Danish manufacturer, underpinned by a healthy equity ratio of approximately 44% (DKK 6.6M equity against a DKK 15.1M balance sheet) and a debt-light, equity-financed structure. FY2024/25 marked a strong recovery, with gross profit rising 73.9% to DKK 8.9M and EBIT more than tripling to DKK 2.3M - the best result in the published five-year series. Net profit grew 190% to DKK 1.7M, reflecting improved operational efficiency even as headcount shrank from 11 to 7. The company benefits from longevity (since 1949), long-standing blue-chip customer relationships (Louis Poulsen, Region Hovedstaden, Region Midtjylland), and a diversified product line spanning custom carts, standard warehouse equipment, and steel fabrication. However, resilience is constrained by very small scale, project-driven earnings volatility (EBIT swung from DKK 1.27M in FY21/22 down to DKK 0.59M in FY22/23 before rebounding to DKK 2.31M), key-person concentration, and exposure to steel and energy input costs. The opaque top line (undisclosed turnover under Danish class B rules) limits external benchmarking.

Key strengths: Strong FY2024/25 rebound with EBIT up 214% and net profit up 190%, Healthy ~44% equity ratio with debt-light balance sheet, 76+ year operating history since 1949, Blue-chip reference customers including Louis Poulsen and Danish health regions, Diversified product portfolio across custom and standard logistics equipment, Named 'Succesvirksomhed 2020'

Risk factors: Very small scale with only 7-11 employees creating key-person concentration, Project-driven earnings volatility with wide EBIT swings year to year, Headcount decline from 11 to 7 employees in FY24/25, Steel and energy input cost exposure, Opaque top line - net turnover not disclosed, Dependence on a small number of large customers/contracts

Workforce by country

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