HOFOR FORSYNING KOMPLEMENTAR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOFOR FORSYNING KOMPLEMENTAR A/S
HOFOR FORSYNING KOMPLEMENTAR A/S (CVR number: 28510098) is a company from KØBENHAVN. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a growth of 60.1 % compared to the previous year. The operating profit percentage was at 22.1 % (EBIT: 0.1 mDKK), while net earnings were 64.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOFOR FORSYNING KOMPLEMENTAR A/S's liquidity measured by quick ratio was 7.6 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 182.36 | 154.18 | 179.39 | 287.24 | |
Gross profit | 137.23 | 150.38 | 135.95 | 156.58 | 211.66 |
EBIT | 4.72 | 8.85 | -3.56 | 17.21 | 63.48 |
Net earnings | 1.32 | 4.46 | -3.26 | 27.49 | 64.49 |
Shareholders equity total | 601.58 | 606.04 | 602.78 | 630.27 | 694.75 |
Balance sheet total (assets) | 609.92 | 646.57 | 650.89 | 669.80 | 799.71 |
Net debt | - 606.64 | - 612.69 | - 610.90 | - 465.95 | - 444.27 |
Profitability | |||||
EBIT-% | 4.9 % | -2.3 % | 9.6 % | 22.1 % | |
ROA | 0.8 % | 1.4 % | -0.2 % | 5.2 % | 11.4 % |
ROE | 0.2 % | 0.7 % | -0.5 % | 4.5 % | 9.7 % |
ROI | 0.8 % | 1.4 % | -0.2 % | 5.3 % | 11.8 % |
Economic value added (EVA) | -25.75 | -23.46 | -35.71 | -18.51 | 16.53 |
Solvency | |||||
Equity ratio | 98.6 % | 93.7 % | 92.6 % | 94.1 % | 86.9 % |
Gearing | 0.5 % | 5.6 % | 6.6 % | 3.9 % | 9.8 % |
Relative net indebtedness % | -332.3 % | -391.0 % | -251.3 % | -141.9 % | |
Liquidity | |||||
Quick ratio | 73.1 | 16.0 | 13.5 | 16.9 | 7.6 |
Current ratio | 73.1 | 16.0 | 13.5 | 16.9 | 7.6 |
Cash and cash equivalents | 609.92 | 646.57 | 650.89 | 490.41 | 512.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 332.3 % | 391.0 % | 351.3 % | 241.9 % | |
Credit risk | |||||
Credit rating | B | BB | BB | BB | BBB |
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