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

CVR number: 31151406
Hvidovrevej 278, 2650 Hvidovre
tel: 36393652

Credit rating

Company information

Official name
HOFOR VAND HVIDOVRE A/S
Established
2007
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales36.0530.3329.0232.7872.42
Gross profit12.821.572.674.2242.40
EBIT4.26-7.38-6.62-4.5631.86
Net earnings3.06-8.97-2.95-8.5925.80
Shareholders equity total242.99234.01231.06222.47248.28
Balance sheet total (assets)313.46309.44315.04332.42404.40
Net debt50.2551.9466.4191.02130.36
Profitability
EBIT-%11.8 %-24.3 %-22.8 %-13.9 %44.0 %
ROA1.5 %-2.3 %-2.1 %-1.3 %9.8 %
ROE1.3 %-3.8 %-1.3 %-3.8 %11.0 %
ROI1.5 %-2.4 %-2.1 %-1.3 %10.0 %
Economic value added (EVA)-10.82-23.62-19.71-21.868.70
Solvency
Equity ratio79.9 %77.7 %75.0 %68.4 %62.7 %
Gearing20.7 %22.2 %28.7 %40.9 %52.5 %
Relative net indebtedness %165.4 %206.9 %262.8 %305.3 %192.7 %
Liquidity
Quick ratio9.42.42.33.42.6
Current ratio3.21.41.11.51.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)28.31.50.92.627.9
Net working capital %85.2 %24.5 %3.3 %19.7 %8.4 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:9.79%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.7%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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