HONEYWELL A/S — Credit Rating and Financial Key Figures
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 202 mDKK in 2024, demonstrating a growth of 8.6 % compared to the previous year. The operating profit percentage was poor at -5.5 % (EBIT: -11.1 mDKK), while net earnings were -2250 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HONEYWELL A/S'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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 268.08 | 216.58 | 250.54 | 186.00 | 202.03 |
Gross profit | 40.41 | 37.11 | 23.43 | 12.84 | 29.40 |
EBIT | 2.52 | 3.86 | 9.65 | -20.40 | -11.12 |
Net earnings | 5.00 | 1.92 | 9.44 | -8.39 | -2.25 |
Shareholders equity total | 264.21 | 266.13 | 275.56 | 267.17 | 264.92 |
Balance sheet total (assets) | 470.72 | 471.06 | 489.35 | 456.81 | 424.43 |
Net debt | 148.79 | 167.48 | 172.00 | 128.64 | 123.61 |
Profitability | |||||
EBIT-% | 0.9 % | 1.8 % | 3.9 % | -11.0 % | -5.5 % |
ROA | 1.2 % | 1.3 % | 3.3 % | -0.0 % | 1.6 % |
ROE | 1.9 % | 0.7 % | 3.5 % | -3.1 % | -0.8 % |
ROI | 1.2 % | 1.4 % | 3.5 % | -0.0 % | 1.6 % |
Economic value added (EVA) | -21.01 | -19.19 | -14.78 | -41.33 | -32.26 |
Solvency | |||||
Equity ratio | 56.4 % | 57.2 % | 56.3 % | 58.8 % | 62.5 % |
Gearing | 68.1 % | 66.4 % | 71.5 % | 64.7 % | 55.2 % |
Relative net indebtedness % | 65.4 % | 90.3 % | 75.4 % | 78.2 % | 67.7 % |
Liquidity | |||||
Quick ratio | 2.3 | 2.2 | 2.3 | 2.4 | 2.7 |
Current ratio | 2.3 | 2.3 | 2.3 | 2.4 | 2.7 |
Cash and cash equivalents | 31.27 | 9.31 | 24.92 | 44.20 | 22.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 53.4 | 61.1 | 49.2 | 59.0 | 62.6 |
Net working capital % | 98.4 % | 122.7 % | 109.8 % | 143.4 % | 130.9 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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