HOFOR VAND HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOFOR VAND HOLDING A/S
HOFOR VAND HOLDING A/S (CVR number: 34607397) is a company from KØBENHAVN. The company reported a net sales of 1.6 mDKK in 2024, demonstrating a growth of 7.2 % compared to the previous year. The operating profit percentage was at 0.1 % (EBIT: 0 mDKK), while net earnings were 248.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good and Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOFOR VAND HOLDING A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 736.00 | 1 596.00 | 1 463.00 | 1 454.00 | 1 559.00 |
Gross profit | 1 045.00 | 1 090.00 | 1 049.00 | 1 050.00 | 1 051.00 |
EBIT | -1.00 | 1.00 | |||
Net earnings | -21 535.00 | -52 507.00 | - 118 382.00 | - 232 737.00 | 248 340.00 |
Shareholders equity total | 2 076 543.00 | 2 037 125.00 | 1 983 639.00 | 1 820 388.00 | 2 152 967.00 |
Balance sheet total (assets) | 2 079 035.00 | 2 037 404.00 | 1 984 475.00 | 1 820 645.00 | 2 153 207.00 |
Net debt | 2 104.00 | 266.00 | 796.00 | 225.00 | 219.00 |
Profitability | |||||
EBIT-% | -0.1 % | 0.1 % | |||
ROA | -1.0 % | -2.6 % | -5.9 % | -12.2 % | 12.5 % |
ROE | -1.0 % | -2.6 % | -5.9 % | -12.2 % | 12.5 % |
ROI | -1.0 % | -2.6 % | -5.9 % | -12.2 % | 12.5 % |
Economic value added (EVA) | - 104 775.67 | - 104 452.01 | - 102 379.73 | -99 717.86 | -91 485.05 |
Solvency | |||||
Equity ratio | 99.9 % | 100.0 % | 100.0 % | 100.0 % | 100.0 % |
Gearing | 0.1 % | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | 143.5 % | 17.5 % | 57.1 % | 17.7 % | 15.4 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.0 | 1.2 | 1.3 |
Current ratio | 1.0 | 1.1 | 1.0 | 1.2 | 1.3 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1.8 % | 2.1 % | 2.7 % | 3.9 % | 4.4 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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