Honeywell Productivity Solutions A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Honeywell Productivity Solutions A/S
Honeywell Productivity Solutions A/S (CVR number: 14223037) is a company from VALLENSBÆK. The company reported a net sales of 67 mDKK in 2023, demonstrating a decline of -0.4 % compared to the previous year. The operating profit percentage was at 6.5 % (EBIT: 4.3 mDKK), while net earnings were 3917.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 34.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Honeywell Productivity Solutions A/S's liquidity measured by quick ratio was 1.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 67.37 | 80.24 | 88.54 | 67.26 | 67.02 |
Gross profit | 25.17 | 39.62 | 46.45 | 35.06 | 42.27 |
EBIT | 2.73 | 6.43 | 3.73 | -5.78 | 4.34 |
Net earnings | 1.87 | 5.14 | 2.65 | -5.06 | 3.92 |
Shareholders equity total | 6.78 | 11.93 | 14.57 | 9.51 | 13.42 |
Balance sheet total (assets) | 31.98 | 43.43 | 46.82 | 41.96 | 43.87 |
Net debt | 15.55 | 17.89 | 11.05 | 11.51 | 9.33 |
Profitability | |||||
EBIT-% | 4.1 % | 8.0 % | 4.2 % | -8.6 % | 6.5 % |
ROA | 12.2 % | 18.5 % | 8.5 % | -12.4 % | 13.1 % |
ROE | 32.0 % | 55.0 % | 20.0 % | -42.1 % | 34.2 % |
ROI | 18.2 % | 26.6 % | 12.8 % | -21.5 % | 25.7 % |
Economic value added (EVA) | 1.91 | 4.68 | 2.33 | -5.02 | 2.91 |
Solvency | |||||
Equity ratio | 21.2 % | 27.5 % | 31.1 % | 22.7 % | 30.6 % |
Gearing | 229.2 % | 152.6 % | 106.2 % | 121.2 % | 69.5 % |
Relative net indebtedness % | 37.4 % | 38.9 % | 31.4 % | 48.2 % | 45.4 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.7 | 1.8 | 1.6 | 1.7 |
Current ratio | 1.4 | 1.7 | 1.8 | 1.6 | 1.7 |
Cash and cash equivalents | 0.31 | 4.42 | 0.01 | 0.01 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 93.2 | 77.6 | 35.7 | 49.6 | 99.1 |
Net working capital % | 13.2 % | 22.3 % | 23.5 % | 22.5 % | 26.9 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | BB | BBB |
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