COPENHAGEN HYDROGEN NETWORK A/S — Credit Rating and Financial Key Figures

COPENHAGEN HYDROGEN NETWORK A/S (CVR number: 33641389) is a company from Høje-Taastrup. The company recorded a gross profit of 3737.8 kDKK in 2023. The operating profit was 3737.8 kDKK, while net earnings were -3376.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was -27.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.2 %, 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. COPENHAGEN HYDROGEN NETWORK A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.