FORSYNING HELSINGØR VAND A/S — Credit Rating and Financial Key Figures

FORSYNING HELSINGØR VAND A/S (CVR number: 32654126) is a company from HELSINGØR. The company reported a net sales of 43.8 mDKK in 2023, demonstrating a decline of -1.7 % compared to the previous year. The operating profit percentage was at 14.5 % (EBIT: 6.4 mDKK), while net earnings were 3850 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. FORSYNING HELSINGØR VAND A/S's liquidity measured by quick ratio was 1.9 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.