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

HORSENS VAND ENERGI A/S (CVR number: 34086699) is a company from HORSENS. The company reported a net sales of 5.5 mDKK in 2024, demonstrating a decline of -3.6 % compared to the previous year. The operating profit percentage was at 10.9 % (EBIT: 0.6 mDKK), while net earnings were 443 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HORSENS VAND ENERGI A/S's liquidity measured by quick ratio was 1.8 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.