HOFOR SPILDEVAND RØDOVRE A/S — Credit Rating and Financial Key Figures

CVR number: 32666442
Rødovre Parkvej 150, 2610 Rødovre

Credit rating

Company information

Official name
HOFOR SPILDEVAND RØDOVRE A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon37Sewerage

About HOFOR SPILDEVAND RØDOVRE A/S

HOFOR SPILDEVAND RØDOVRE A/S (CVR number: 32666442) is a company from RØDOVRE. The company reported a net sales of 37.4 mDKK in 2023, demonstrating a growth of 19.6 % compared to the previous year. The operating profit percentage was poor at -2.7 % (EBIT: -1 mDKK), while net earnings were -1385 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.3 %, 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. HOFOR SPILDEVAND RØDOVRE A/S's liquidity measured by quick ratio was 2.2 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales34.4440.4239.1031.2637.38
Gross profit12.6118.2414.819.2912.52
EBIT-5.39-0.06-1.10-4.26-1.03
Net earnings-6.36-0.96-2.16-5.23-1.39
Shareholders equity total311.55310.59308.43303.20301.81
Balance sheet total (assets)412.95422.13423.26420.17435.29
Net debt65.2877.8991.2089.54106.09
Profitability
EBIT-%-15.7 %-0.1 %-2.8 %-13.6 %-2.7 %
ROA-1.3 %0.0 %-0.2 %-0.9 %0.1 %
ROE-2.0 %-0.3 %-0.7 %-1.7 %-0.5 %
ROI-1.3 %0.0 %-0.2 %-0.9 %0.1 %
Economic value added (EVA)-23.27-18.05-20.10-23.88-20.39
Solvency
Equity ratio75.5 %73.6 %72.9 %72.5 %69.3 %
Gearing21.0 %25.1 %29.6 %29.5 %35.2 %
Relative net indebtedness %205.3 %200.0 %246.9 %315.7 %308.1 %
Liquidity
Quick ratio0.51.83.94.82.2
Current ratio0.51.83.93.92.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)4.719.69.313.113.7
Net working capital %-23.3 %15.5 %70.1 %85.4 %57.1 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:0.12%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer
Board member

Companies in the same industry

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