HOWE A/S
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 28.4 mDKK in 2023. The operating profit was -9291 kDKK, while net earnings were -326 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.9 %, 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 20.5 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 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 26 463.00 | 28 369.00 | |
EBIT | -5 219.00 | -9 291.00 | |
Net earnings | 3 633.00 | - 326.00 | |
Shareholders equity total | 93 462.00 | 93 136.00 | |
Balance sheet total (assets) | 98 951.00 | 99 374.00 | |
Net debt | -11 600.00 | -2 221.00 | |
Profitability | |||
EBIT-% | |||
ROA | 4.9 % | 0.1 % | |
ROE | 3.9 % | -0.3 % | |
ROI | 5.2 % | 0.1 % | |
Economic value added (EVA) | -3 968.32 | -10 213.49 | |
Solvency | |||
Equity ratio | 95.8 % | 94.9 % | |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 26.6 | 20.5 | |
Current ratio | 19.0 | 16.1 | |
Cash and cash equivalents | 11 600.00 | 2 221.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | C | BBB | BBB |
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