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Howden Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Howden Danmark A/S
Howden Danmark A/S (CVR number: 42248789K) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 326.1 mDKK in 2025, demonstrating a growth of 74.2 % compared to the previous year. The operating profit percentage was at 18.2 % (EBIT: 59.4 mDKK), while net earnings were 36.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.7 %, 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. Howden Danmark A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 200.36 | 236.01 | 291.34 | 187.20 | 326.10 |
| Gross profit | 77.36 | 174.38 | 209.26 | 106.74 | 219.11 |
| EBIT | -7.91 | 16.11 | -6.71 | 180.85 | 59.36 |
| Net earnings | -16.22 | -3.62 | -32.88 | - 169.38 | 36.27 |
| Shareholders equity total | 320.00 | 344.34 | 606.34 | 1 167.45 | 1 069.60 |
| Balance sheet total (assets) | 519.23 | 601.28 | 1 048.59 | 1 596.24 | 1 753.30 |
| Net debt | 247.65 | ||||
| Profitability | |||||
| EBIT-% | 96.6 % | 18.2 % | |||
| ROA | -0.8 % | 13.7 % | 4.3 % | ||
| ROE | -6.9 % | -19.1 % | 3.2 % | ||
| ROI | -0.8 % | 13.7 % | 4.6 % | ||
| Economic value added (EVA) | -7.91 | 0.03 | -24.02 | 150.39 | -24.75 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 61.7 % | ||
| Gearing | 33.4 % | ||||
| Relative net indebtedness % | 135.6 % | ||||
| Liquidity | |||||
| Quick ratio | 0.7 | ||||
| Current ratio | 0.6 | ||||
| Cash and cash equivalents | 109.13 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 156.1 | ||||
| Net working capital % | -60.4 % | ||||
| Credit risk | |||||
| Credit rating | BBB | A |
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