HOFOR VAND BRØNDBY A/S — Credit Rating and Financial Key Figures

CVR number: 32937373
Park Allé 160, 2605 Brøndby
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Credit rating

Company information

Official name
HOFOR VAND BRØNDBY A/S
Established
2010
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales27.5527.0225.3026.2746.44
Gross profit12.2811.727.087.5828.84
EBIT2.131.41-3.17-2.6418.48
Net earnings0.39-0.64-4.18-4.0415.48
Shareholders equity total312.09311.45307.27303.23318.71
Balance sheet total (assets)408.07419.70419.86427.84466.58
Net debt92.61101.39103.31118.77146.48
Profitability
EBIT-%7.7 %5.2 %-12.5 %-10.0 %39.8 %
ROA0.5 %0.4 %-0.7 %-0.4 %4.2 %
ROE0.1 %-0.2 %-1.3 %-1.3 %5.0 %
ROI0.5 %0.4 %-0.7 %-0.4 %4.3 %
Economic value added (EVA)-18.31-19.26-23.67-23.27-2.73
Solvency
Equity ratio76.5 %74.2 %73.3 %70.9 %68.3 %
Gearing29.7 %32.6 %33.6 %39.2 %46.0 %
Relative net indebtedness %346.4 %399.1 %445.0 %474.3 %318.4 %
Liquidity
Quick ratio2.43.04.20.51.8
Current ratio2.43.03.70.51.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)8.20.80.14.0
Net working capital %24.5 %67.3 %78.7 %-33.2 %10.3 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:4.25%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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