Get Professional Valuation and Credit Risk Reports of Any Company in the World

New AI-Powered Free Company Valuation tool for any company in the world. Upload a PDF financial statement to receive an instant report with customizable forecasts, credit score, default probability and key financial metrics. Try Now for Free →

HOVMAND A/S — Credit Rating and Financial Key Figures

CVR number: 24257878
Sandvadsvej 15 A, 4600 Køge
customerservice@hovmand.com
tel: 57833300
www.hovmand.com

Company information

Official name
HOVMAND A/S
Personnel
53 persons
Established
1972
Company form
Limited company
Industry

About HOVMAND A/S

HOVMAND A/S (CVR number: 24257878K) is a company from KØGE. The company reported a net sales of 116 mDKK in 2025, demonstrating a decline of -9.1 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 2.3 mDKK), while net earnings were 1689.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.6 %, 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. HOVMAND A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2022
2023
2024
2025
Volume
Net sales108.09115.90127.66116.03
Gross profit38.0745.0055.1749.30
EBIT1.683.9411.202.35
Net earnings0.652.728.411.69
Shareholders equity total16.6119.3325.7420.93
Balance sheet total (assets)54.1553.2948.9744.83
Net debt-0.37-1.804.35
Profitability
EBIT-%1.6 %3.4 %8.8 %2.0 %
ROA3.1 %7.3 %22.0 %5.1 %
ROE3.9 %15.1 %37.3 %7.2 %
ROI3.1 %7.3 %27.9 %8.8 %
Economic value added (EVA)1.683.117.690.51
Solvency
Equity ratio100.0 %90.5 %52.9 %47.6 %
Gearing0.9 %26.2 %
Relative net indebtedness %-0.3 %15.4 %18.5 %
Liquidity
Quick ratio1.51.0
Current ratio2.21.7
Cash and cash equivalents0.372.041.13
Capital use efficiency
Trade debtors turnover (days)52.550.4
Net working capital %0.3 %16.4 %12.4 %
Credit risk
Credit ratingBBBBBBAAAA

Variable visualization

ROA:5.14%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.