HOFOR SPILDEVAND ALBERTSLUND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOFOR SPILDEVAND ALBERTSLUND A/S
HOFOR SPILDEVAND ALBERTSLUND A/S (CVR number: 33046383) is a company from ALBERTSLUND. The company reported a net sales of 64.4 mDKK in 2024, demonstrating a growth of 62.5 % compared to the previous year. The operating profit percentage was at 38.2 % (EBIT: 24.6 mDKK), while net earnings were 81.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOFOR SPILDEVAND ALBERTSLUND A/S's liquidity measured by quick ratio was 16.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 44.44 | 39.46 | 40.38 | 39.61 | 64.36 |
Gross profit | 27.24 | 21.32 | 21.98 | 21.20 | 42.46 |
EBIT | 9.56 | 3.45 | 4.27 | 3.20 | 24.57 |
Net earnings | 9.48 | 3.30 | 4.25 | 3.63 | 81.35 |
Shareholders equity total | 426.08 | 429.38 | 433.64 | 437.26 | 518.61 |
Balance sheet total (assets) | 449.08 | 455.19 | 456.15 | 457.85 | 539.72 |
Net debt | 18.85 | 20.86 | 16.87 | 16.30 | 17.56 |
Profitability | |||||
EBIT-% | 21.5 % | 8.7 % | 10.6 % | 8.1 % | 38.2 % |
ROA | 2.2 % | 0.8 % | 1.0 % | 1.0 % | 5.2 % |
ROE | 2.3 % | 0.8 % | 1.0 % | 0.8 % | 17.0 % |
ROI | 2.2 % | 0.8 % | 1.0 % | 1.0 % | 5.2 % |
Economic value added (EVA) | -12.35 | -18.91 | -18.35 | -19.45 | -5.35 |
Solvency | |||||
Equity ratio | 95.4 % | 95.0 % | 96.0 % | 96.2 % | 96.6 % |
Gearing | 4.4 % | 4.9 % | 3.9 % | 3.7 % | 3.4 % |
Relative net indebtedness % | 51.7 % | 65.4 % | 55.7 % | 52.0 % | 32.8 % |
Liquidity | |||||
Quick ratio | 7.1 | 4.8 | 10.8 | 9.9 | 16.2 |
Current ratio | 4.7 | 3.3 | 5.1 | 5.5 | 11.1 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.3 | 41.1 | 47.8 | 56.7 | 40.6 |
Net working capital % | 58.0 % | 61.7 % | 84.0 % | 82.5 % | 135.1 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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