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

CVR number: 33046332
Nordmarks Alle 1, 2620 Albertslund
tel: 43648692

Credit rating

Company information

Official name
HOFOR VAND ALBERTSLUND A/S
Established
2010
Company form
Limited company
Industry
  • Expand more icon36Water collection, treatment and supply

About HOFOR VAND ALBERTSLUND A/S

HOFOR VAND ALBERTSLUND A/S (CVR number: 33046332) is a company from ALBERTSLUND. The company reported a net sales of 17.9 mDKK in 2023, demonstrating a growth of 25.3 % compared to the previous year. The operating profit percentage was poor at -6.1 % (EBIT: -1.1 mDKK), while net earnings were -2075 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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 ALBERTSLUND A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales15 850.0016 450.0014 870.0014 285.0017 897.00
Gross profit6 090.006 695.001 819.001 141.003 953.00
EBIT960.001 325.00-3 697.00-4 173.00-1 095.00
Net earnings459.00814.00-3 141.00-4 635.00-2 075.00
Shareholders equity total106 808.00107 622.00104 481.0099 846.0097 771.00
Balance sheet total (assets)131 496.00131 154.00130 585.00139 789.00150 752.00
Net debt19 827.0018 437.0021 325.0034 905.0050 981.00
Profitability
EBIT-%6.1 %8.1 %-24.9 %-29.2 %-6.1 %
ROA0.8 %1.1 %-2.8 %-3.0 %-0.7 %
ROE0.4 %0.8 %-3.0 %-4.5 %-2.1 %
ROI0.8 %1.1 %-2.8 %-3.1 %-0.7 %
Economic value added (EVA)-5 476.67-5 180.00-9 107.91-10 303.48-7 665.64
Solvency
Equity ratio82.3 %82.7 %80.9 %72.3 %65.4 %
Gearing18.6 %17.1 %20.4 %35.0 %52.1 %
Relative net indebtedness %151.3 %137.4 %175.2 %279.6 %296.0 %
Liquidity
Quick ratio4.47.41.10.60.0
Current ratio3.14.60.80.50.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)1.61.9
Net working capital %73.7 %56.9 %-6.7 %-25.9 %-102.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:-0.65%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.4%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer
Board member

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