Howden Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 42248789
Nørgaardsvej 30, 2800 Kongens Lyngby
finans-mgmt@howdendanmark.dk
www.northrisk.dk

Credit rating

Company information

Official name
Howden Danmark A/S
Personnel
32 persons
Established
2021
Company form
Limited company
Industry

About Howden Danmark A/S

Howden Danmark A/S (CVR number: 42248789) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 11.2 mDKK in 2023. The operating profit was -12 mDKK, while net earnings were -32.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -10.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Howden Danmark A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-14 820.007 934.0011 239.00
EBIT-19 840.00-5 885.00-12 029.00
Net earnings-13 498.00-2 972.00-32 446.00
Shareholders equity total298 555.00317 971.00302 168.00
Balance sheet total (assets)500 229.00610 889.00743 296.00
Net debt189 416.00278 724.00424 047.00
Profitability
EBIT-%
ROA-2.1 %0.9 %-1.7 %
ROE-4.5 %-1.0 %-10.5 %
ROI-2.2 %0.9 %-1.7 %
Economic value added (EVA)-18 884.25-2 288.37-4 641.59
Solvency
Equity ratio59.7 %52.1 %40.7 %
Gearing63.4 %87.7 %140.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.2
Current ratio0.40.40.2
Cash and cash equivalents236.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBB

Variable visualization

ROA:-1.67%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.7%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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