Howico A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Howico A/S
Howico A/S (CVR number: 33970153) is a company from GENTOFTE. The company recorded a gross profit of -973.9 kDKK in 2024. The operating profit was -1739.6 kDKK, while net earnings were -3927.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.3 %, which can be considered excellent but Return on Equity (ROE) was -169.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Howico A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 904.15 | 1 933.20 | 308.42 | - 964.22 | - 973.93 |
EBIT | 664.75 | 409.27 | - 214.60 | -1 306.16 | -1 739.59 |
Net earnings | 546.67 | 323.04 | - 172.26 | -1 100.56 | -3 927.60 |
Shareholders equity total | 4 881.32 | 4 704.36 | 4 532.10 | 3 431.54 | - 496.06 |
Balance sheet total (assets) | 10 919.04 | 8 967.14 | 8 550.59 | 5 284.72 | 1 195.77 |
Net debt | 3 995.39 | 2 190.39 | 2 282.69 | 863.82 | 1 422.17 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.7 % | 5.0 % | -1.3 % | -18.8 % | 21.3 % |
ROE | 10.8 % | 6.7 % | -3.7 % | -27.6 % | -169.8 % |
ROI | 8.7 % | 5.6 % | -1.5 % | -20.9 % | -138.6 % |
Economic value added (EVA) | 58.89 | - 179.38 | - 568.41 | -1 417.28 | -1 829.07 |
Solvency | |||||
Equity ratio | 44.7 % | 52.5 % | 53.0 % | 64.9 % | -29.3 % |
Gearing | 82.0 % | 46.9 % | 50.5 % | 25.2 % | -286.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.4 | 2.6 | 3.4 | 0.7 |
Current ratio | 1.9 | 2.4 | 2.6 | 3.4 | 0.7 |
Cash and cash equivalents | 8.81 | 17.01 | 4.21 | 1.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | B |
Variable visualization
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