HOFOR VAND ALBERTSLUND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 33.1 mDKK in 2024, demonstrating a growth of 84.7 % compared to the previous year. The operating profit percentage was at 35.1 % (EBIT: 11.6 mDKK), while net earnings were 9938 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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 ALBERTSLUND A/S's liquidity measured by quick ratio was 2.4 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 | 16.45 | 14.87 | 14.29 | 17.90 | 33.05 |
Gross profit | 6.70 | 1.82 | 1.14 | 3.95 | 16.85 |
EBIT | 1.32 | -3.70 | -4.17 | -1.09 | 11.61 |
Net earnings | 0.81 | -3.14 | -4.63 | -2.08 | 9.94 |
Shareholders equity total | 107.62 | 104.48 | 99.85 | 97.77 | 107.71 |
Balance sheet total (assets) | 131.15 | 130.59 | 139.79 | 150.75 | 181.39 |
Net debt | 18.44 | 21.32 | 34.91 | 50.98 | 71.92 |
Profitability | |||||
EBIT-% | 8.1 % | -24.9 % | -29.2 % | -6.1 % | 35.1 % |
ROA | 1.1 % | -2.8 % | -3.0 % | -0.7 % | 7.2 % |
ROE | 0.8 % | -3.0 % | -4.5 % | -2.1 % | 9.7 % |
ROI | 1.1 % | -2.8 % | -3.1 % | -0.7 % | 7.3 % |
Economic value added (EVA) | -5.37 | -9.27 | -10.45 | -7.86 | 4.26 |
Solvency | |||||
Equity ratio | 82.7 % | 80.9 % | 72.3 % | 65.4 % | 59.8 % |
Gearing | 17.1 % | 20.4 % | 35.0 % | 52.1 % | 66.8 % |
Relative net indebtedness % | 137.4 % | 175.2 % | 279.6 % | 296.0 % | 222.9 % |
Liquidity | |||||
Quick ratio | 7.4 | 1.1 | 0.6 | 0.0 | 2.4 |
Current ratio | 4.6 | 0.8 | 0.5 | 0.0 | 1.8 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.6 | 1.9 | |||
Net working capital % | 56.9 % | -6.7 % | -25.9 % | -102.9 % | 12.6 % |
Credit risk | |||||
Credit rating | AA | A | A | A | AAA |
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