HOFOR VAND HVIDOVRE A/S — Credit Rating and Financial Key Figures

HOFOR VAND HVIDOVRE A/S (CVR number: 31151406) is a company from HVIDOVRE. The company reported a net sales of 32.8 mDKK in 2023, demonstrating a growth of 13 % compared to the previous year. The operating profit percentage was poor at -13.9 % (EBIT: -4.6 mDKK), while net earnings were -8593 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. HOFOR VAND HVIDOVRE A/S's liquidity measured by quick ratio was 3.4 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.