HOWICO GLOBAL ApS — Credit Rating and Financial Key Figures

HOWICO GLOBAL ApS (CVR number: 35399364) is a company from GREVE. The company recorded a gross profit of 22 mDKK in 2019. The operating profit was -278.4 kDKK, while net earnings were -402.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -26.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. HOWICO GLOBAL ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.