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Hønning Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Hønning Holding ApS
Hønning Holding ApS (CVR number: 43127780) is a company from RANDERS. The company recorded a gross profit of -5.8 kDKK in 2024. The operating profit was -5.8 kDKK, while net earnings were 20.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 23.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Hønning Holding ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -0.45 | -3.06 | -5.81 |
| EBIT | -0.45 | -3.06 | -5.81 |
| Net earnings | 17.09 | 8.97 | 20.90 |
| Shareholders equity total | 57.09 | 79.30 | 100.20 |
| Balance sheet total (assets) | 57.09 | 163.30 | 195.20 |
| Net debt | -19.53 | 83.55 | 89.37 |
| Profitability | |||
| EBIT-% | |||
| ROA | 29.8 % | 9.2 % | 10.9 % |
| ROE | 29.9 % | 13.1 % | 23.3 % |
| ROI | 29.8 % | 9.2 % | 10.9 % |
| Economic value added (EVA) | -0.45 | -5.93 | -12.74 |
| Solvency | |||
| Equity ratio | 100.0 % | 48.6 % | 51.3 % |
| Gearing | 105.9 % | 94.8 % | |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 1.2 | 1.1 | |
| Current ratio | 1.2 | 1.1 | |
| Cash and cash equivalents | 19.53 | 0.45 | 5.63 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | A | A |
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