Howart Compliance Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 40762302
Store Kongensgade 40 H, 1264 København K
info@howart.dk
tel: 31317452
https://www.howart.dk/

Credit rating

Company information

Official name
Howart Compliance Denmark ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Howart Compliance Denmark ApS

Howart Compliance Denmark ApS (CVR number: 40762302) is a company from KØBENHAVN. The company recorded a gross profit of 1104.8 kDKK in 2023. The operating profit was 172.7 kDKK, while net earnings were 115.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.7 %, which can be considered excellent and Return on Equity (ROE) was 83 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. Howart Compliance Denmark ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit1 102.221 514.611 106.621 104.78
EBIT454.2335.16- 353.19172.75
Net earnings342.1717.78- 285.70115.94
Shareholders equity total442.17367.4581.76197.70
Balance sheet total (assets)919.32699.72319.88507.78
Net debt- 775.94- 294.68-14.66-72.04
Profitability
EBIT-%
ROA49.4 %4.4 %-69.3 %41.7 %
ROE77.4 %4.4 %-127.2 %83.0 %
ROI83.5 %7.1 %-125.8 %117.2 %
Economic value added (EVA)353.3448.30- 276.70126.28
Solvency
Equity ratio48.1 %52.5 %25.6 %38.9 %
Gearing23.1 %27.8 %12.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.01.21.5
Current ratio1.92.01.21.5
Cash and cash equivalents877.94396.6824.9072.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:41.7%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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