HJØRRING VANDSELSKAB A/S — Credit Rating and Financial Key Figures

HJØRRING VANDSELSKAB A/S (CVR number: 29809577) is a company from HJØRRING. The company reported a net sales of 186.5 mDKK in 2024, demonstrating a growth of 3.2 % compared to the previous year. The operating profit percentage was poor at -8.3 % (EBIT: -15.6 mDKK), while net earnings were -16.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HJØRRING VANDSELSKAB 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.