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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

Income statement (mDKK)

2021
2024
2025
Fiscal period length121212
Net sales90.75127.66116.03
Change in finished goods inventory-0.59
Manufacturing for enterprise's own use0.951.34
Other operating income0.380.09
Purchases during the financial year-55.84-50.06
Costs of manufacturing-42.14
External services-19.81-27.40-30.08
Gross profit29.7544.8037.91
Employee benefit expenses-19.44-30.37-32.70
Other operating expenses-0.00-0.01
Total depreciation-2.14-4.22-3.92
EBIT8.1710.211.27
Other financial income0.070.060.06
Other financial expenses-0.18-0.53-0.46
Net income from associates (fin.)0.130.810.98
Pre-tax profit8.2010.561.86
Income taxes-1.78-2.15-0.17
Net earnings6.418.411.69

Assets (mDKK)

2021
2024
2025
Development expenditure7.696.205.65
Intangible assets total7.696.205.65
Buildings1.651.000.69
Machinery and equipment1.011.691.47
Tangible assets total2.662.692.16
Holdings in group member companies1.882.273.27
Investments total2.873.124.19
Long term receivables total
Semifinished products0.681.842.57
Raw materials and consumables6.145.666.59
Finished products/goods3.275.575.43
Inventories total10.1013.0714.60
Current trade debtors15.9518.3516.03
Current amounts owed by group member comp.2.370.410.47
Prepayments and accrued income0.762.112.01
Current other receivables0.421.721.21
Current deferred tax assets0.000.03
Short term receivables total19.4922.5919.75
Cash and bank deposits0.151.991.04
Cash and cash equivalents0.151.991.04
Balance sheet total (assets)42.9649.6647.38

Equity and liabilities (mDKK)

2021
2023
2024
2025
Share capital0.600.600.60
Shares repurchased3.00
Other reserves7.105.476.02
Retained earnings3.3511.2612.62
Profit of the financial year6.418.411.69
Shareholders equity total20.4625.7420.93
Provisions1.882.021.471.27
Non-current deferred tax liabilities1.183.751.28
Non-current liabilities total1.183.751.28
Current loans from credit institutions3.480.185.41
Advances received0.130.330.83
Current trade creditors11.0710.249.03
Current owed to group member2.434.21
Other non-interest bearing current liabilities4.773.833.56
Accruals and deferred income1.690.86
Current liabilities total19.4518.7023.90
Balance sheet total (liabilities)42.962.0249.6647.38
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