HOFOR SPILDEVAND HVIDOVRE A/S

CVR number: 31151465
Hvidovrevej 278, 2650 Hvidovre

Credit rating

Company information

Official name
HOFOR SPILDEVAND HVIDOVRE A/S
Established
2007
Company form
Limited company
Industry
  • Expand more icon37Sewerage

About the company

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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales80.6798.3693.2282.5480.32
Gross profit45.2362.5254.6045.0342.57
EBIT0.5416.1111.173.101.27
Net earnings-11.262.810.91-1.72-24.26
Shareholders equity total994.47997.28998.19996.47972.21
Balance sheet total (assets)1 672.591 709.141 733.041 753.241 729.61
Net debt645.34685.39696.61708.03688.82
Profitability
EBIT-%0.7 %16.4 %12.0 %3.8 %1.6 %
ROA0.0 %1.0 %0.7 %0.6 %0.5 %
ROE-1.1 %0.3 %0.1 %-0.2 %-2.5 %
ROI0.0 %1.0 %0.7 %0.6 %0.5 %
Economic value added (EVA)-77.38-67.62-75.00-80.47-83.33
Solvency
Equity ratio60.1 %59.1 %58.4 %57.6 %56.8 %
Gearing64.9 %68.7 %69.8 %71.1 %70.9 %
Relative net indebtedness %837.4 %721.5 %783.3 %911.7 %914.9 %
Liquidity
Quick ratio0.42.53.15.74.1
Current ratio0.41.51.83.32.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)48.339.931.540.447.6
Net working capital %-71.7 %26.4 %50.1 %150.2 %140.4 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:0.50%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer
Board member

Companies in the same industry

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