HOFOR VAND HVIDOVRE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOFOR VAND HVIDOVRE A/S
HOFOR VAND HVIDOVRE A/S (CVR number: 31151406) is a company from HVIDOVRE. The company reported a net sales of 72.4 mDKK in 2024, demonstrating a growth of 120.9 % compared to the previous year. The operating profit percentage was at 44 % (EBIT: 31.9 mDKK), while net earnings were 25.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.7 %, 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. HOFOR VAND HVIDOVRE A/S's liquidity measured by quick ratio was 2.6 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 36.05 | 30.33 | 29.02 | 32.78 | 72.42 |
Gross profit | 12.82 | 1.57 | 2.67 | 4.22 | 42.40 |
EBIT | 4.26 | -7.38 | -6.62 | -4.56 | 31.86 |
Net earnings | 3.06 | -8.97 | -2.95 | -8.59 | 25.80 |
Shareholders equity total | 242.99 | 234.01 | 231.06 | 222.47 | 248.28 |
Balance sheet total (assets) | 313.46 | 309.44 | 315.04 | 332.42 | 404.40 |
Net debt | 50.25 | 51.94 | 66.41 | 91.02 | 130.36 |
Profitability | |||||
EBIT-% | 11.8 % | -24.3 % | -22.8 % | -13.9 % | 44.0 % |
ROA | 1.5 % | -2.3 % | -2.1 % | -1.3 % | 9.8 % |
ROE | 1.3 % | -3.8 % | -1.3 % | -3.8 % | 11.0 % |
ROI | 1.5 % | -2.4 % | -2.1 % | -1.3 % | 10.0 % |
Economic value added (EVA) | -10.82 | -23.62 | -19.71 | -21.86 | 8.70 |
Solvency | |||||
Equity ratio | 79.9 % | 77.7 % | 75.0 % | 68.4 % | 62.7 % |
Gearing | 20.7 % | 22.2 % | 28.7 % | 40.9 % | 52.5 % |
Relative net indebtedness % | 165.4 % | 206.9 % | 262.8 % | 305.3 % | 192.7 % |
Liquidity | |||||
Quick ratio | 9.4 | 2.4 | 2.3 | 3.4 | 2.6 |
Current ratio | 3.2 | 1.4 | 1.1 | 1.5 | 1.3 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.3 | 1.5 | 0.9 | 2.6 | 27.9 |
Net working capital % | 85.2 % | 24.5 % | 3.3 % | 19.7 % | 8.4 % |
Credit risk | |||||
Credit rating | AAA | A | A | AA | AAA |
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