HOFOR SPILDEVAND RØDOVRE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 34.44 | 40.42 | 39.10 | 31.26 | 37.38 |
Gross profit | 12.61 | 18.24 | 14.81 | 9.29 | 12.52 |
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 total | 311.55 | 310.59 | 308.43 | 303.20 | 301.81 |
Balance sheet total (assets) | 412.95 | 422.13 | 423.26 | 420.17 | 435.29 |
Net debt | 65.28 | 77.89 | 91.20 | 89.54 | 106.09 |
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 ratio | 75.5 % | 73.6 % | 72.9 % | 72.5 % | 69.3 % |
Gearing | 21.0 % | 25.1 % | 29.6 % | 29.5 % | 35.2 % |
Relative net indebtedness % | 205.3 % | 200.0 % | 246.9 % | 315.7 % | 308.1 % |
Liquidity | |||||
Quick ratio | 0.5 | 1.8 | 3.9 | 4.8 | 2.2 |
Current ratio | 0.5 | 1.8 | 3.9 | 3.9 | 2.2 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.7 | 19.6 | 9.3 | 13.1 | 13.7 |
Net working capital % | -23.3 % | 15.5 % | 70.1 % | 85.4 % | 57.1 % |
Credit risk | |||||
Credit rating | AA | AA | A | A | AA |
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