Howden Forsikringsmægler A/S — Credit Rating and Financial Key Figures

Howden Forsikringsmægler A/S (CVR number: 34890285) is a company from ESBJERG. The company recorded a gross profit of 81 mDKK in 2023. The operating profit was -3444 kDKK, while net earnings were -2610 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -24.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Howden Forsikringsmægler A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.