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HOWE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOWE A/S
HOWE A/S (CVR number: 13234833K) is a company from ODENSE. The company recorded a gross profit of 43.2 mDKK in 2023. The operating profit was -5046 kDKK, while net earnings were 78 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOWE A/S's liquidity measured by quick ratio was 8.1 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 61 000.00 | 34 000.00 | 35 000.00 | 47 000.00 | 43 195.00 |
| EBIT | 11 000.00 | -3 000.00 | 35 000.00 | 6 000.00 | -5 046.00 |
| Net earnings | 13 000.00 | -4 000.00 | 3 000.00 | 7 000.00 | 78.00 |
| Shareholders equity total | 102 000.00 | 96 000.00 | 100 000.00 | 108 000.00 | 107 798.00 |
| Balance sheet total (assets) | 119 000.00 | 110 000.00 | 114 000.00 | 122 000.00 | 119 700.00 |
| Net debt | -12 726.00 | ||||
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.5 % | -2.6 % | 31.3 % | 5.1 % | 1.3 % |
| ROE | 25.5 % | -4.0 % | 3.1 % | 6.7 % | 0.1 % |
| ROI | 9.5 % | -2.6 % | 31.3 % | 5.1 % | 1.4 % |
| Economic value added (EVA) | 11 000.00 | -8 125.50 | 30 176.00 | 975.00 | -9 009.66 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 91.1 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 8.1 | ||||
| Current ratio | 9.4 | ||||
| Cash and cash equivalents | 12 726.00 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | BBB |
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