HOFOR HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 612.00 | 1 445.00 | 1 306.00 | 1 220.00 | 1 378.00 |
Gross profit | 530.00 | 566.00 | 558.00 | 557.00 | 593.00 |
EBIT | 530.00 | 566.00 | 558.00 | ||
Net earnings | -32 972.00 | - 638 093.00 | 135 265.00 | 283 508.00 | 502 793.00 |
Shareholders equity total | 6 352 185.00 | 5 831 771.00 | 6 291 182.00 | 6 641 193.00 | 7 266 857.00 |
Balance sheet total (assets) | 11 502 546.00 | 11 045 670.00 | 11 445 738.00 | 11 804 535.00 | 12 435 994.00 |
Net debt | 5 137 770.00 | 5 151 208.00 | |||
Profitability | |||||
EBIT-% | 32.9 % | 39.2 % | 42.7 % | ||
ROA | 0.0 % | 0.0 % | 0.0 % | 4.3 % | 6.1 % |
ROE | -0.5 % | -10.5 % | 2.2 % | 4.4 % | 7.2 % |
ROI | 0.0 % | 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 ratio | 100.0 % | 100.0 % | 100.0 % | 56.3 % | 58.4 % |
Gearing | 77.4 % | 70.9 % | |||
Relative net indebtedness % | 423224.8 % | 375118.8 % | |||
Liquidity | |||||
Quick ratio | 0.2 | 1.0 | |||
Current ratio | 0.2 | 1.0 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -10998.4 % | -13583.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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