HOFOR VIND A/S

CVR number: 33354304
Ørestads Boulevard 35, 2300 København S
tel: 33953395

Credit rating

Company information

Official name
HOFOR VIND A/S
Established
2010
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About HOFOR VIND A/S

HOFOR VIND A/S (CVR number: 33354304) is a company from KØBENHAVN. The company reported a net sales of 384.4 mDKK in 2023, demonstrating a growth of 151.9 % compared to the previous year. The operating profit percentage was at 32.6 % (EBIT: 125.2 mDKK), while net earnings were 71.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 109.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. HOFOR VIND A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales164.69123.92- 114.66152.60384.44
Gross profit110.7428.78- 238.6480.90168.11
EBIT78.59-13.87- 282.9437.97125.18
Net earnings76.83-6.89- 225.7029.7771.81
Shareholders equity total138.10117.11-83.4841.4689.18
Balance sheet total (assets)881.921 012.311 015.731 023.541 186.39
Net debt650.76973.30
Profitability
EBIT-%47.7 %-11.2 %24.9 %32.6 %
ROA8.9 %-1.5 %-26.8 %6.2 %13.6 %
ROE66.6 %-5.4 %-1342.2 %-141.7 %109.9 %
ROI9.1 %-1.5 %-26.8 %6.9 %15.9 %
Economic value added (EVA)54.33-20.81- 288.8331.1563.39
Solvency
Equity ratio100.0 %100.0 %4.1 %7.5 %
Gearing1569.7 %1092.1 %
Relative net indebtedness %616.8 %271.7 %
Liquidity
Quick ratio0.50.3
Current ratio0.50.3
Cash and cash equivalents0.69
Capital use efficiency
Trade debtors turnover (days)7.78.1
Net working capital %-108.9 %-95.2 %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.52%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.439Z

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