HOFOR FORSYNING HOLDING P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOFOR FORSYNING HOLDING P/S
HOFOR FORSYNING HOLDING P/S (CVR number: 26853605) is a company from KØBENHAVN. The company reported a net sales of 27.5 mDKK in 2024, demonstrating a growth of 0.9 % compared to the previous year. The operating profit percentage was poor at -294.2 % (EBIT: -80.9 mDKK), while net earnings were 315.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOFOR FORSYNING HOLDING P/S's liquidity measured by quick ratio was 2.1 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 26 033.00 | 26 440.00 | 27 270.00 | 27 515.00 |
Gross profit | 652.00 | -1 093.00 | -12 442.00 | -80 202.00 |
EBIT | -56.00 | -1 791.00 | -13 139.00 | -80 943.00 |
Net earnings | - 657 324.00 | 298 309.00 | 329 881.00 | 315 322.00 |
Shareholders equity total | 10 509 703.00 | 11 122 160.00 | 11 508 544.00 | 11 946 737.00 |
Balance sheet total (assets) | 11 607 439.00 | 12 514 064.00 | 12 443 630.00 | 12 976 717.00 |
Net debt | 572 945.00 | 688 414.00 | -48 306.00 | 95 061.00 |
Profitability | ||||
EBIT-% | -0.2 % | -6.8 % | -48.2 % | -294.2 % |
ROA | -5.5 % | 3.1 % | 3.5 % | 3.6 % |
ROE | -6.3 % | 2.8 % | 2.9 % | 2.7 % |
ROI | -5.5 % | 3.1 % | 3.5 % | 3.6 % |
Economic value added (EVA) | -56.00 | - 583 392.14 | - 640 275.93 | - 704 677.26 |
Solvency | ||||
Equity ratio | 90.5 % | 88.9 % | 92.5 % | 92.1 % |
Gearing | 10.1 % | 12.2 % | 7.9 % | 8.4 % |
Relative net indebtedness % | 2328.7 % | 2731.2 % | -63.4 % | 450.5 % |
Liquidity | ||||
Quick ratio | 2.0 | 1.8 | 2.2 | 2.1 |
Current ratio | 2.0 | 1.8 | 2.2 | 2.1 |
Cash and cash equivalents | 487 471.00 | 669 763.00 | 952 384.00 | 906 032.00 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 2874.3 % | 2838.8 % | 2785.2 % | 2588.5 % |
Credit risk | ||||
Credit rating | BBB | A | A | A |
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