HOFOR FJERNVARME P/S — Credit Rating and Financial Key Figures

HOFOR FJERNVARME P/S (CVR number: 26089263) is a company from KØBENHAVN. The company reported a net sales of 3085.5 mDKK in 2023, demonstrating a growth of 0.3 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 53.2 mDKK), while net earnings were -4094 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HOFOR FJERNVARME P/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.