HORSENS VAND HOLDING A/S — Credit Rating and Financial Key Figures

HORSENS VAND HOLDING A/S (CVR number: 34201137K) is a company from HORSENS. The company reported a net sales of 225.7 mDKK in 2024, demonstrating a decline of -5.2 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 16.5 mDKK), while net earnings were 21.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORSENS VAND HOLDING A/S's liquidity measured by quick ratio was 2.5 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.