HOWBIZ ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOWBIZ ApS
HOWBIZ ApS (CVR number: 29820325) is a company from AALBORG. The company recorded a gross profit of 978.5 kDKK in 2024. The operating profit was -116 kDKK, while net earnings were -1968.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -19.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HOWBIZ ApS's liquidity measured by quick ratio was 3.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 493.56 | 1 064.83 | 2 203.60 | 2 946.25 | 978.51 |
EBIT | -48.62 | 185.87 | 1 211.62 | 1 811.26 | - 115.96 |
Net earnings | 3 110.77 | -1 384.09 | 1 019.32 | 1 954.53 | -1 968.51 |
Shareholders equity total | 10 007.53 | 8 510.44 | 9 415.36 | 11 252.09 | 9 161.57 |
Balance sheet total (assets) | 11 300.74 | 11 289.68 | 13 259.16 | 14 687.36 | 12 206.83 |
Net debt | - 122.09 | 1 866.54 | 2 664.93 | -4 500.08 | -1 389.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 42.3 % | 2.5 % | 11.4 % | 18.9 % | 2.8 % |
ROE | 36.6 % | -14.9 % | 11.4 % | 18.9 % | -19.3 % |
ROI | 46.9 % | 2.7 % | 12.5 % | 20.5 % | 2.9 % |
Economic value added (EVA) | - 390.04 | - 358.12 | 422.86 | 805.53 | - 780.77 |
Solvency | |||||
Equity ratio | 88.6 % | 75.4 % | 71.0 % | 76.6 % | 75.1 % |
Gearing | 21.9 % | 28.3 % | 21.8 % | 31.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 1.1 | 1.2 | 3.7 | 3.4 |
Current ratio | 0.4 | 1.1 | 1.2 | 3.7 | 3.4 |
Cash and cash equivalents | 122.09 | 6 956.83 | 4 243.29 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | BBB |
Variable visualization
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