HOVEDSTADENS VVS OG KLOAK A/S
Credit rating
Company information
About HOVEDSTADENS VVS OG KLOAK A/S
HOVEDSTADENS VVS OG KLOAK A/S (CVR number: 13628548) is a company from EGEDAL. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a decline of -3.5 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 0.1 mDKK), while net earnings were 183 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 61.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HOVEDSTADENS VVS OG KLOAK A/S's liquidity measured by quick ratio was 2 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 745.84 | 1 192.68 | 944.24 | 933.85 | 901.43 |
Gross profit | 175.07 | 464.60 | 324.52 | 389.93 | 524.79 |
EBIT | - 262.00 | 16.18 | - 165.34 | -76.79 | 65.90 |
Net earnings | 42.71 | 425.24 | - 773.14 | - 160.02 | 183.02 |
Shareholders equity total | 1 712.69 | 1 137.93 | 364.78 | 204.76 | 387.79 |
Balance sheet total (assets) | 2 412.50 | 2 499.82 | 1 366.89 | 1 247.03 | 1 477.99 |
Net debt | - 940.43 | -1 813.05 | - 930.37 | - 741.24 | - 774.09 |
Profitability | |||||
EBIT-% | -35.1 % | 1.4 % | -17.5 % | -8.2 % | 7.3 % |
ROA | 2.3 % | 23.0 % | -8.0 % | -5.3 % | 15.4 % |
ROE | 1.7 % | 29.8 % | -102.9 % | -56.2 % | 61.8 % |
ROI | 3.0 % | 39.6 % | -20.5 % | -24.1 % | 70.7 % |
Economic value added (EVA) | - 232.03 | -26.19 | - 129.81 | -39.89 | 92.85 |
Solvency | |||||
Equity ratio | 71.0 % | 45.5 % | 26.7 % | 16.4 % | 26.2 % |
Gearing | 0.4 % | 0.0 % | |||
Relative net indebtedness % | -32.5 % | -38.3 % | 7.5 % | 32.2 % | 34.9 % |
Liquidity | |||||
Quick ratio | 1.8 | 1.5 | 1.1 | 1.7 | 2.0 |
Current ratio | 1.8 | 1.5 | 1.1 | 1.7 | 2.0 |
Cash and cash equivalents | 940.43 | 1 813.05 | 931.74 | 741.24 | 774.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 148.9 | 81.5 | 56.9 | 57.4 | 74.4 |
Net working capital % | -4.9 % | -35.3 % | -50.4 % | -14.8 % | -18.5 % |
Credit risk | |||||
Credit rating | BB | BBB | B | BB | BB |
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