HONEYWELL A/S
Credit rating
Company information
About HONEYWELL A/S
HONEYWELL A/S (CVR number: 15130016) is a company from VALLENSBÆK. The company reported a net sales of 186 mDKK in 2023, demonstrating a decline of -25.8 % compared to the previous year. The operating profit percentage was poor at -11 % (EBIT: -20.4 mDKK), while net earnings were -8387 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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. HONEYWELL A/S's liquidity measured by quick ratio was 2.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 297.68 | 268.08 | 216.58 | 250.54 | 186.00 |
Gross profit | 44.28 | 40.41 | 37.11 | 23.43 | 12.84 |
EBIT | -5.13 | 2.52 | 3.86 | 9.65 | -20.40 |
Net earnings | -5.78 | 5.00 | 1.92 | 9.44 | -8.39 |
Shareholders equity total | 259.21 | 264.21 | 266.13 | 275.56 | 267.17 |
Balance sheet total (assets) | 471.57 | 470.72 | 471.06 | 489.35 | 456.81 |
Net debt | 182.17 | 148.79 | 167.48 | 172.00 | 128.64 |
Profitability | |||||
EBIT-% | -1.7 % | 0.9 % | 1.8 % | 3.9 % | -11.0 % |
ROA | -0.9 % | 1.2 % | 1.3 % | 3.3 % | -0.0 % |
ROE | -2.2 % | 1.9 % | 0.7 % | 3.5 % | -3.1 % |
ROI | -1.0 % | 1.2 % | 1.4 % | 3.5 % | -0.0 % |
Economic value added (EVA) | -16.46 | -10.32 | -8.57 | -5.43 | -30.19 |
Solvency | |||||
Equity ratio | 55.1 % | 56.4 % | 57.2 % | 56.3 % | 58.8 % |
Gearing | 76.2 % | 68.1 % | 66.4 % | 71.5 % | 64.7 % |
Relative net indebtedness % | 66.2 % | 65.4 % | 90.3 % | 75.4 % | 78.2 % |
Liquidity | |||||
Quick ratio | 2.2 | 2.3 | 2.2 | 2.3 | 2.4 |
Current ratio | 2.2 | 2.3 | 2.3 | 2.3 | 2.4 |
Cash and cash equivalents | 15.25 | 31.27 | 9.31 | 24.92 | 44.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.0 | 53.4 | 61.1 | 49.2 | 59.0 |
Net working capital % | 87.0 % | 98.4 % | 122.7 % | 109.8 % | 143.4 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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