HONEYWELL A/S — Credit Rating and Financial Key Figures

CVR number: 15130016
Strandesplanaden 110, 2665 Vallensbæk Strand
tel: 39555551

Credit rating

Company information

Official name
HONEYWELL A/S
Personnel
41 persons
Established
1954
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales297.68268.08216.58250.54186.00
Gross profit44.2840.4137.1123.4312.84
EBIT-5.132.523.869.65-20.40
Net earnings-5.785.001.929.44-8.39
Shareholders equity total259.21264.21266.13275.56267.17
Balance sheet total (assets)471.57470.72471.06489.35456.81
Net debt182.17148.79167.48172.00128.64
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 ratio55.1 %56.4 %57.2 %56.3 %58.8 %
Gearing76.2 %68.1 %66.4 %71.5 %64.7 %
Relative net indebtedness %66.2 %65.4 %90.3 %75.4 %78.2 %
Liquidity
Quick ratio2.22.32.22.32.4
Current ratio2.22.32.32.32.4
Cash and cash equivalents15.2531.279.3124.9244.20
Capital use efficiency
Trade debtors turnover (days)48.053.461.149.259.0
Net working capital %87.0 %98.4 %122.7 %109.8 %143.4 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-0.02%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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