Howitz Holding ApS — Credit Rating and Financial Key Figures

Howitz Holding ApS (CVR number: 42041599) is a company from KØBENHAVN. The company recorded a gross profit of -131.9 kDKK in 2023. The operating profit was -609.3 kDKK, while net earnings were 105.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 39.3 %, 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. Howitz Holding ApS's liquidity measured by quick ratio was 1.6 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.