COPENHAGEN HYDROGEN NETWORK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COPENHAGEN HYDROGEN NETWORK A/S
COPENHAGEN HYDROGEN NETWORK A/S (CVR number: 33641389) is a company from HORSENS. The company recorded a gross profit of -424.4 kDKK in 2024. The operating profit was -424.4 kDKK, while net earnings were 1860.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. COPENHAGEN HYDROGEN NETWORK A/S's liquidity measured by quick ratio was 48.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2 569.20 | 11 975.77 | -4 044.26 | 3 737.80 | - 424.37 |
EBIT | -24 126.23 | -17 498.80 | -4 044.26 | 3 737.80 | - 424.37 |
Net earnings | -18 949.11 | -13 810.04 | -3 393.34 | -3 376.14 | 1 860.89 |
Shareholders equity total | 3 755.98 | -10 054.06 | 13 952.61 | 10 576.46 | 12 437.35 |
Balance sheet total (assets) | 52 562.88 | 17 652.90 | 38 099.07 | 31 856.61 | 12 700.11 |
Net debt | 32 266.71 | 26 885.80 | 23 039.44 | 21 036.44 | |
Profitability | |||||
EBIT-% | |||||
ROA | -37.7 % | -43.6 % | -12.3 % | 12.7 % | 1.3 % |
ROE | -143.2 % | -129.0 % | -21.5 % | -27.5 % | 16.2 % |
ROI | -53.2 % | -55.2 % | -12.6 % | 12.9 % | 1.3 % |
Economic value added (EVA) | -21 552.24 | -15 449.28 | -4 055.64 | 794.99 | -1 889.85 |
Solvency | |||||
Equity ratio | 7.3 % | -36.3 % | 36.6 % | 33.2 % | 97.9 % |
Gearing | 859.2 % | -272.1 % | 165.1 % | 198.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.4 | 9.2 | 1.5 | 48.3 |
Current ratio | 1.7 | 2.4 | 9.2 | 1.5 | 48.3 |
Cash and cash equivalents | 3.78 | 473.13 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | B | BB |
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