HK/Hovedstaden P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HK/Hovedstaden P/S
HK/Hovedstaden P/S (CVR number: 26121302) is a company from KØBENHAVN. The company reported a net sales of 22 mDKK in 2023, demonstrating a growth of 10.3 % compared to the previous year. The operating profit percentage was at 79.6 % (EBIT: 17.5 mDKK), while net earnings were 17.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41.8 %, 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. HK/Hovedstaden P/S's liquidity measured by quick ratio was 2.6 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 18 725.11 | 19 098.88 | 19 479.84 | 19 986.32 | 22 044.90 |
Gross profit | 18 408.71 | 18 836.40 | 19 112.93 | 19 435.79 | 21 659.45 |
EBIT | 15 329.80 | 16 293.53 | 16 175.31 | 16 025.59 | 17 543.62 |
Net earnings | 12 523.10 | 15 475.15 | 10 310.69 | - 786.84 | 17 235.40 |
Shareholders equity total | 176 944.48 | 172 419.64 | 162 730.33 | 141 943.49 | 149 178.88 |
Balance sheet total (assets) | 331 206.83 | 376 713.35 | 357 110.01 | 342 637.79 | 356 492.59 |
Net debt | 99 684.79 | 104 808.93 | 115 149.40 | 135 584.65 | 129 563.99 |
Profitability | |||||
EBIT-% | 81.9 % | 85.3 % | 83.0 % | 80.2 % | 79.6 % |
ROA | 4.8 % | 5.6 % | 4.7 % | 4.8 % | 6.5 % |
ROE | 6.9 % | 8.9 % | 6.2 % | -0.5 % | 11.8 % |
ROI | 4.8 % | 5.6 % | 4.7 % | 4.9 % | 6.5 % |
Economic value added (EVA) | 2 653.58 | 3 766.80 | 3 671.79 | 3 180.37 | 5 194.57 |
Solvency | |||||
Equity ratio | 53.4 % | 45.8 % | 45.6 % | 41.4 % | 41.8 % |
Gearing | 85.3 % | 116.6 % | 117.5 % | 139.2 % | 136.7 % |
Relative net indebtedness % | 547.9 % | 564.1 % | 605.5 % | 691.8 % | 600.5 % |
Liquidity | |||||
Quick ratio | 3.5 | 6.1 | 8.0 | 3.3 | 2.6 |
Current ratio | 3.5 | 6.1 | 8.0 | 3.3 | 2.6 |
Cash and cash equivalents | 51 303.79 | 96 172.80 | 76 054.18 | 61 967.49 | 74 423.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -76.8 % | -80.7 % | -45.7 % | -92.8 % | -126.5 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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