HORSENS VAND A/S

CVR number: 32560156
Alrøvej 11, 8700 Horsens
tel: 76268700

Credit rating

Company information

Official name
HORSENS VAND A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon37Sewerage

About HORSENS VAND A/S

HORSENS VAND A/S (CVR number: 32560156) is a company from HORSENS. The company reported a net sales of 235.2 mDKK in 2023, demonstrating a growth of 7 % compared to the previous year. The operating profit percentage was at 11.7 % (EBIT: 27.5 mDKK), while net earnings were 32.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORSENS VAND A/S's liquidity measured by quick ratio was 38.6 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
20192020202120222023
Volume
Net sales229.99217.57273.57219.84235.18
Gross profit120.9857.3698.8451.1150.78
EBIT97.9834.9280.7826.4727.50
Net earnings196.5134.9384.4020.5732.54
Shareholders equity total1 768.673 068.723 153.113 173.683 206.22
Balance sheet total (assets)1 967.423 256.973 332.213 355.163 434.58
Net debt-56.62-84.78
Profitability
EBIT-%42.6 %16.0 %29.5 %12.0 %11.7 %
ROA5.1 %1.3 %2.5 %0.8 %1.0 %
ROE11.8 %1.4 %2.7 %0.7 %1.0 %
ROI5.2 %1.3 %2.5 %0.8 %1.0 %
Economic value added (EVA)18.66-53.96-73.43- 131.97- 127.89
Solvency
Equity ratio100.0 %100.0 %100.0 %94.6 %93.4 %
Gearing3.9 %3.5 %
Relative net indebtedness %-36.4 %-17.9 %
Liquidity
Quick ratio182.738.6
Current ratio183.338.6
Cash and cash equivalents181.15198.37
Capital use efficiency
Trade debtors turnover (days)38.235.1
Net working capital %79.9 %74.7 %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:0.99%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.4%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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