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Howden Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Howden Danmark A/S
Howden Danmark A/S (CVR number: 42248789) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 26.9 mDKK in 2025. The operating profit percentage was poor at -57.6 % (EBIT: -15.5 mDKK), while net earnings were 36.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.7 %, 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. Howden Danmark A/S's liquidity measured by quick ratio was 0.6 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 financials2021 | 2022 | 2023 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 26 864.00 | |||
| Gross profit | -14 820.00 | 10 125.00 | ||
| EBIT | -19 840.00 | -15 467.00 | ||
| Net earnings | -13 498.00 | 36 265.00 | ||
| Shareholders equity total | 298 555.00 | 1 069 603.00 | ||
| Balance sheet total (assets) | 500 229.00 | 1 556 064.00 | ||
| Net debt | 189 416.00 | 374 674.00 | ||
| Profitability | ||||
| EBIT-% | -57.6 % | |||
| ROA | -2.1 % | 2.8 % | ||
| ROE | -4.5 % | 3.4 % | ||
| ROI | -2.2 % | 2.9 % | ||
| Economic value added (EVA) | -18 884.25 | -24 564.61 | -15 804.48 | |
| Solvency | ||||
| Equity ratio | 59.7 % | 68.7 % | ||
| Gearing | 63.4 % | 36.5 % | ||
| Relative net indebtedness % | 1470.2 % | |||
| Liquidity | ||||
| Quick ratio | 0.4 | 0.6 | ||
| Current ratio | 0.4 | 0.6 | ||
| Cash and cash equivalents | 16 207.00 | |||
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | -626.5 % | |||
| Credit risk | ||||
| Credit rating | BBB | BB | BB | A |
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