HALSNÆS VAND A/S — Credit Rating and Financial Key Figures

HALSNÆS VAND A/S (CVR number: 33033710K) is a company from HALSNÆS. The company reported a net sales of 23.7 mDKK in 2017, demonstrating a growth of 127.8 % compared to the previous year. The operating profit percentage was at 62.3 % (EBIT: 14.8 mDKK), while net earnings were 1596.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. HALSNÆS VAND A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.