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

CVR number: 32666434
Rødovre Parkvej 150, 2610 Rødovre

Credit rating

Company information

Official name
HOFOR VAND RØDOVRE A/S
Established
2009
Company form
Limited company
Industry

About HOFOR VAND RØDOVRE A/S

HOFOR VAND RØDOVRE A/S (CVR number: 32666434) is a company from RØDOVRE. The company reported a net sales of 44.3 mDKK in 2024, demonstrating a growth of 121.6 % compared to the previous year. The operating profit percentage was at 39.7 % (EBIT: 17.6 mDKK), while net earnings were 17.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HOFOR VAND RØDOVRE A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales20.1919.8019.1819.9744.26
Gross profit4.641.923.371.2225.13
EBIT-1.17-3.73-2.76-4.6817.57
Net earnings-1.56-3.44-3.85-7.0817.61
Shareholders equity total117.96114.52110.67103.60121.21
Balance sheet total (assets)166.45194.96206.03240.96293.16
Net debt46.9473.6488.59130.80168.34
Profitability
EBIT-%-5.8 %-18.9 %-14.4 %-23.4 %39.7 %
ROA-0.6 %-2.0 %-1.3 %-2.0 %7.5 %
ROE-1.3 %-3.0 %-3.4 %-6.6 %15.7 %
ROI-0.6 %-2.0 %-1.3 %-2.0 %7.6 %
Economic value added (EVA)-9.52-11.14-12.39-14.857.34
Solvency
Equity ratio70.9 %58.8 %53.9 %43.0 %41.3 %
Gearing39.8 %64.3 %80.0 %126.3 %138.9 %
Relative net indebtedness %234.4 %388.5 %480.9 %674.1 %383.3 %
Liquidity
Quick ratio3.05.50.10.41.0
Current ratio3.05.30.00.41.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)14.90.12.33.02.8
Net working capital %40.7 %137.5 %-69.2 %-22.9 %-1.0 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:7.52%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.3%
Rating: 34/100
-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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