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

HALSNÆS VAND A/S (CVR number: 33033710) is a company from HALSNÆS. The company reported a net sales of 12.7 mDKK in 2023, demonstrating a growth of 34.5 % compared to the previous year. The operating profit percentage was at 9.7 % (EBIT: 1.2 mDKK), while net earnings were 793 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, 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 86.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HALSNÆS VAND A/S's liquidity measured by quick ratio was 0.4 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.