HOFOR FJERNKØLING A/S — Credit Rating and Financial Key Figures

HOFOR FJERNKØLING A/S (CVR number: 31417449) is a company from KØBENHAVN. The company reported a net sales of 109 mDKK in 2023, demonstrating a growth of 24.5 % compared to the previous year. The operating profit percentage was at 45.5 % (EBIT: 49.6 mDKK), while net earnings were 26.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HOFOR FJERNKØLING A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.