HOFOR VAND BRØNDBY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOFOR VAND BRØNDBY A/S
HOFOR VAND BRØNDBY A/S (CVR number: 32937373) is a company from BRØNDBY. The company reported a net sales of 46.4 mDKK in 2024, demonstrating a growth of 76.8 % compared to the previous year. The operating profit percentage was at 39.8 % (EBIT: 18.5 mDKK), while net earnings were 15.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HOFOR VAND BRØNDBY A/S's liquidity measured by quick ratio was 1.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 27.55 | 27.02 | 25.30 | 26.27 | 46.44 |
Gross profit | 12.28 | 11.72 | 7.08 | 7.58 | 28.84 |
EBIT | 2.13 | 1.41 | -3.17 | -2.64 | 18.48 |
Net earnings | 0.39 | -0.64 | -4.18 | -4.04 | 15.48 |
Shareholders equity total | 312.09 | 311.45 | 307.27 | 303.23 | 318.71 |
Balance sheet total (assets) | 408.07 | 419.70 | 419.86 | 427.84 | 466.58 |
Net debt | 92.61 | 101.39 | 103.31 | 118.77 | 146.48 |
Profitability | |||||
EBIT-% | 7.7 % | 5.2 % | -12.5 % | -10.0 % | 39.8 % |
ROA | 0.5 % | 0.4 % | -0.7 % | -0.4 % | 4.2 % |
ROE | 0.1 % | -0.2 % | -1.3 % | -1.3 % | 5.0 % |
ROI | 0.5 % | 0.4 % | -0.7 % | -0.4 % | 4.3 % |
Economic value added (EVA) | -18.31 | -19.26 | -23.67 | -23.27 | -2.73 |
Solvency | |||||
Equity ratio | 76.5 % | 74.2 % | 73.3 % | 70.9 % | 68.3 % |
Gearing | 29.7 % | 32.6 % | 33.6 % | 39.2 % | 46.0 % |
Relative net indebtedness % | 346.4 % | 399.1 % | 445.0 % | 474.3 % | 318.4 % |
Liquidity | |||||
Quick ratio | 2.4 | 3.0 | 4.2 | 0.5 | 1.8 |
Current ratio | 2.4 | 3.0 | 3.7 | 0.5 | 1.8 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 8.2 | 0.8 | 0.1 | 4.0 | |
Net working capital % | 24.5 % | 67.3 % | 78.7 % | -33.2 % | 10.3 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AA | AAA |
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