HOFOR SPILDEVAND BRØNDBY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOFOR SPILDEVAND BRØNDBY A/S
HOFOR SPILDEVAND BRØNDBY A/S (CVR number: 32937381) is a company from BRØNDBY. The company reported a net sales of 77.5 mDKK in 2024, demonstrating a growth of 47.2 % compared to the previous year. The operating profit percentage was at 29.7 % (EBIT: 23 mDKK), while net earnings were 38.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.9 %, 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 SPILDEVAND BRØNDBY A/S's liquidity measured by quick ratio was 3.4 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 | 49.20 | 41.38 | 48.29 | 52.62 | 77.46 |
Gross profit | 27.46 | 13.21 | 21.66 | 28.61 | 45.24 |
EBIT | 3.22 | -10.07 | -0.43 | 6.58 | 22.99 |
Net earnings | 2.80 | -10.98 | -1.73 | 2.03 | 38.52 |
Shareholders equity total | 602.15 | 591.16 | 589.43 | 591.47 | 629.98 |
Balance sheet total (assets) | 640.12 | 650.10 | 699.10 | 779.86 | 852.05 |
Net debt | 35.62 | 56.30 | 105.50 | 185.38 | 219.47 |
Profitability | |||||
EBIT-% | 6.5 % | -24.3 % | -0.9 % | 12.5 % | 29.7 % |
ROA | 0.5 % | -1.6 % | -0.1 % | 1.0 % | 3.0 % |
ROE | 0.5 % | -1.8 % | -0.3 % | 0.3 % | 6.3 % |
ROI | 0.5 % | -1.6 % | -0.1 % | 1.0 % | 3.0 % |
Economic value added (EVA) | -28.31 | -42.12 | -32.97 | -28.34 | -22.71 |
Solvency | |||||
Equity ratio | 94.1 % | 91.0 % | 84.5 % | 75.9 % | 73.9 % |
Gearing | 5.9 % | 9.5 % | 17.9 % | 31.3 % | 34.8 % |
Relative net indebtedness % | 77.2 % | 142.4 % | 227.1 % | 358.0 % | 286.7 % |
Liquidity | |||||
Quick ratio | 1.3 | 0.6 | 0.3 | 1.8 | 3.4 |
Current ratio | 1.3 | 0.6 | 0.3 | 1.8 | 3.4 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.1 | 29.4 | 30.7 | 32.2 | 28.4 |
Net working capital % | 5.6 % | -15.8 % | -46.2 % | 25.3 % | 37.7 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | AAA | AAA |
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