HOFOR SPILDEVAND HVIDOVRE A/S — Credit Rating and Financial Key Figures

HOFOR SPILDEVAND HVIDOVRE A/S (CVR number: 31151465) is a company from HVIDOVRE. The company reported a net sales of 80.3 mDKK in 2023, demonstrating a decline of -2.7 % compared to the previous year. The operating profit percentage was at 1.6 % (EBIT: 1.3 mDKK), while net earnings were -24.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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 4.1 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.