HOWDEN AXIAL FANS ApS — Credit Rating and Financial Key Figures

HOWDEN AXIAL FANS ApS (CVR number: 15524243) is a company from NÆSTVED. The company reported a net sales of 435.8 mDKK in 2023, demonstrating a growth of 23.8 % compared to the previous year. The operating profit percentage was at 36.9 % (EBIT: 160.6 mDKK), while net earnings were 134.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.6 %, which can be considered excellent and Return on Equity (ROE) was 46 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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. HOWDEN AXIAL FANS ApS's liquidity measured by quick ratio was 2.7 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.