Howico A/S — Credit Rating and Financial Key Figures

Howico A/S (CVR number: 33970153) is a company from GENTOFTE. The company recorded a gross profit of -964.2 kDKK in 2023. The operating profit was -1306.2 kDKK, while net earnings were -1100.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.8 %, which can be considered poor and Return on Equity (ROE) was -27.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Howico A/S's liquidity measured by quick ratio was 3.4 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.