HOWE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOWE A/S
HOWE A/S (CVR number: 13234833) is a company from ODENSE. The company recorded a gross profit of 30.1 mDKK in 2024. The operating profit was -9798 kDKK, while net earnings were 2713 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.8 %, 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 14 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 28 369.00 | 30 101.00 | ||
| EBIT | -9 291.00 | -9 798.00 | ||
| Net earnings | - 326.00 | 2 713.00 | ||
| Shareholders equity total | 93 136.00 | 95 849.00 | ||
| Balance sheet total (assets) | 99 374.00 | 103 774.00 | ||
| Net debt | -2 221.00 | -4 129.00 | ||
| Profitability | ||||
| EBIT-% | ||||
| ROA | 0.1 % | 3.9 % | ||
| ROE | -0.4 % | 2.9 % | ||
| ROI | 0.1 % | 4.1 % | ||
| Economic value added (EVA) | -6 118.92 | -11 554.29 | ||
| Solvency | ||||
| Equity ratio | 94.9 % | 92.8 % | ||
| Gearing | 1.7 % | |||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 20.5 | 14.0 | ||
| Current ratio | 16.1 | 13.1 | ||
| Cash and cash equivalents | 2 221.00 | 5 797.00 | ||
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BBB | A |
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