HOFOR SPILDEVAND HVIDOVRE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOFOR SPILDEVAND HVIDOVRE A/S
HOFOR SPILDEVAND HVIDOVRE A/S (CVR number: 31151465) is a company from HVIDOVRE. The company reported a net sales of 117 mDKK in 2024, demonstrating a growth of 45.7 % compared to the previous year. The operating profit percentage was at 24.5 % (EBIT: 28.7 mDKK), while net earnings were 27.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.5 %, 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. HOFOR SPILDEVAND HVIDOVRE A/S's liquidity measured by quick ratio was 4.7 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 | 98.36 | 93.22 | 82.54 | 80.32 | 117.02 |
Gross profit | 62.52 | 54.60 | 45.03 | 42.57 | 69.56 |
EBIT | 16.11 | 11.17 | 3.10 | 1.27 | 28.66 |
Net earnings | 2.81 | 0.91 | -1.72 | -24.26 | 27.58 |
Shareholders equity total | 997.28 | 998.19 | 996.47 | 972.21 | 999.78 |
Balance sheet total (assets) | 1 709.14 | 1 733.04 | 1 753.24 | 1 729.61 | 1 727.44 |
Net debt | 685.39 | 696.61 | 708.03 | 688.82 | 669.47 |
Profitability | |||||
EBIT-% | 16.4 % | 12.0 % | 3.8 % | 1.6 % | 24.5 % |
ROA | 1.0 % | 0.7 % | 0.6 % | 0.5 % | 2.7 % |
ROE | 0.3 % | 0.1 % | -0.2 % | -2.5 % | 2.8 % |
ROI | 1.0 % | 0.7 % | 0.6 % | 0.5 % | 2.7 % |
Economic value added (EVA) | -71.09 | -76.74 | -82.29 | -84.96 | -58.23 |
Solvency | |||||
Equity ratio | 59.1 % | 58.4 % | 57.6 % | 56.8 % | 58.5 % |
Gearing | 68.7 % | 69.8 % | 71.1 % | 70.9 % | 67.0 % |
Relative net indebtedness % | 721.5 % | 783.3 % | 911.7 % | 914.9 % | 592.6 % |
Liquidity | |||||
Quick ratio | 2.5 | 3.1 | 5.7 | 4.1 | 4.7 |
Current ratio | 1.5 | 1.8 | 3.3 | 2.8 | 3.0 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.9 | 31.5 | 40.4 | 47.6 | 52.4 |
Net working capital % | 26.4 % | 50.1 % | 150.2 % | 140.4 % | 92.7 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AAA | AAA |
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