HOFOR FJERNVARME P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOFOR FJERNVARME P/S
HOFOR FJERNVARME P/S (CVR number: 26089263) is a company from KØBENHAVN. The company reported a net sales of 3049.5 mDKK in 2024, demonstrating a decline of -1.2 % compared to the previous year. The operating profit percentage was poor at -1.9 % (EBIT: -57 mDKK), while net earnings were -118.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.3 %, 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 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 645.22 | 2 816.09 | 3 075.99 | 3 085.47 | 3 049.52 |
Gross profit | 421.27 | 503.26 | 660.68 | 478.33 | 368.62 |
EBIT | 37.45 | 74.13 | 235.51 | 53.25 | -56.98 |
Net earnings | -20.85 | 24.84 | 188.07 | -4.09 | - 118.56 |
Shareholders equity total | 2 839.92 | 2 864.76 | 3 052.83 | 3 048.73 | 2 930.18 |
Balance sheet total (assets) | 7 420.91 | 7 148.77 | 7 409.51 | 7 170.10 | 6 985.95 |
Net debt | 3 812.79 | 3 505.19 | |||
Profitability | |||||
EBIT-% | 1.4 % | 2.6 % | 7.7 % | 1.7 % | -1.9 % |
ROA | 0.5 % | 1.0 % | 3.2 % | 0.8 % | -0.8 % |
ROE | -0.7 % | 0.9 % | 6.4 % | -0.1 % | -4.0 % |
ROI | 0.5 % | 1.0 % | 3.2 % | 0.8 % | -0.8 % |
Economic value added (EVA) | - 106.31 | -68.58 | 91.56 | - 100.16 | - 402.63 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 43.6 % | 44.3 % |
Gearing | 125.1 % | 119.6 % | |||
Relative net indebtedness % | 133.0 % | 132.4 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | |||
Current ratio | 0.6 | 0.4 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.7 | 49.1 | |||
Net working capital % | -13.1 % | -20.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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