HOFOR HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 26894174
Ørestads Boulevard 35, 2300 København S

Company information

Official name
HOFOR HOLDING A/S
Established
2002
Company form
Limited company
Industry

About HOFOR HOLDING A/S

HOFOR HOLDING A/S (CVR number: 26894174) is a company from KØBENHAVN. The company reported a net sales of 1.4 mDKK in 2024, demonstrating a growth of 13 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: 0 mDKK), while net earnings were 502.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. HOFOR HOLDING A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 612.001 445.001 306.001 220.001 378.00
Gross profit530.00566.00558.00557.00593.00
EBIT530.00566.00558.00
Net earnings-32 972.00- 638 093.00135 265.00283 508.00502 793.00
Shareholders equity total6 352 185.005 831 771.006 291 182.006 641 193.007 266 857.00
Balance sheet total (assets)11 502 546.0011 045 670.0011 445 738.0011 804 535.0012 435 994.00
Net debt5 137 770.005 151 208.00
Profitability
EBIT-%32.9 %39.2 %42.7 %
ROA0.0 %0.0 %0.0 %4.3 %6.1 %
ROE-0.5 %-10.5 %2.2 %4.4 %7.2 %
ROI0.0 %0.0 %0.0 %4.3 %6.1 %
Economic value added (EVA)- 580 165.08- 318 631.30- 292 488.49- 316 131.90- 591 892.89
Solvency
Equity ratio100.0 %100.0 %100.0 %56.3 %58.4 %
Gearing77.4 %70.9 %
Relative net indebtedness %423224.8 %375118.8 %
Liquidity
Quick ratio0.21.0
Current ratio0.21.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-10998.4 %-13583.2 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:6.08%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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