01
Executive overview
Key findings
DKK 3,411 million: group investment in tangible fixed assets in FY2025, up from DKK 3,065 million in FY2024 (all businesses)
5 of 8: new waterworks in operation as of August 2026; Regnemark is due in 2028 and the programme in 2032
DKK 1.9 billion: estimated value of the Svanemøllen Cloudburst Tunnel main contract (SST04); three consortia bidding, no award
DKK 700 million, maximum DKK 900 million: the district heating steel-works framework tendered on 22 April 2026
02
Buyer relevance
Who the report is for
Water treatment and process equipment suppliers
Position for Islev, Gørløse and the Thorsbro PFAS add-on in a waterworks programme running to 2032.
Tunnelling and civil subcontractors
Identify the three consortia negotiating the DKK 1.9 billion SST04 contract and approach them before the award expected in summer or August 2027.
Heat pump, boiler and thermal storage vendors
Follow Herjedalgade (DKK 350 million), Sundkrogsgade (DKK 411 million in current prices) and the planned DKK 1.5 billion Svanemølle Energicentral.
Bid and business development teams new to Denmark
Learn HOFOR's channels: EU-Supply buyer profile 338688, negotiated procedures under section 61(1) and frameworks for up to 5 participants.
03
Decision scope
Questions answered
How much does HOFOR invest each year?
Group investment in tangible fixed assets was DKK 3,411 million in FY2025, up from DKK 3,065 million in FY2024, across all its businesses.
Is the Svanemøllen tunnel contract still open?
Only to the three prequalified consortia; SST04 is estimated at DKK 1.9 billion over 104 months and no award has been made.
Where does HOFOR publish tenders?
On TED and EU-Supply, where HOFOR A/S's buyer profile is company ID 338688; the 2026 steel-works framework was estimated at DKK 700 million, maximum DKK 900 million.
Which waterworks contracts are still to come?
As of August 2026, 5 of 8 new waterworks were running; Islev was out to tender, Gørløse in design and Regnemark due in 2028.
How does HOFOR borrow?
Through KommuneKredit and credit institutions; total liabilities fell by DKK 3,050.7 million in 2025 to DKK 21,107.8 million.
04
Inside the report
Inside the complete report
1. The Account at a Glance
2. Organisation and Decision-Making
3. Financial Position
4. Priorities and Pressures
5. How HOFOR Buys
6. Opportunity Register
7. Commercial Priorities: Where to Focus First
8. Watch List: What to Monitor and What to Do
Source Register
05
Public preview
What to watch next
Svanemøllen SST04 award (summer or August 2027)
The largest published contract value (DKK 1.9 billion estimated); three consortia are negotiating.
Cloudburst deadline bill (expected December 2026)
Decides whether about 20–25 cancelled projects return.
2027 tariffs and revenue-cap decision
Sets how much HOFOR Vand København can recover.
FY2026 annual report
Shows whether investment stays above DKK 3 billion.
The Opportunity Register: each HOFOR project with its procurement status, contractors, supplier categories and route in.
06
Included
What you receive
The complete PDF report: 11 pages, 9 sections, 6 tables and a register of 20 sources.
This edition
November 2026, First edition.
07
Evidence & method
Evidence and method
HOFOR Forsyning Holding P/S annual reports for FY2020–FY2025, HOFOR's August 2026 project status note and its 2025–2026 press releases. EU tender notices on TED, Copenhagen Municipality council and briefing papers, and the Danish Water Regulatory Authority's revenue-cap decisions.
Sources
20 sources, listed in the report's source register. Evidence current to 13 November 2026. Principal data periods: FY2025 annual report of HOFOR Forsyning Holding P/S (year ended 31 December 2025); 2026 tenders and project status to August–October 2026. Project and procurement status re-checked against public sources on 13 November 2026. All currency is Danish kroner (DKK; kr.)..
08
Lead analyst
Robert C. Brears
Founder, Our Future Water Intelligence
Robert C. Brears is a water-security specialist and author whose work examines utility governance, infrastructure investment, climate resilience and long-term water-system change for executive and policy audiences.
- Decision-focused utility intelligence
- Published water-policy author
- Evidence-grounded system analysis
09
Buyer FAQs
Before you purchase
Who can use the report?
Licensed for internal use within one purchasing organization. The PDF and its contents may be shared with colleagues within that organization. External redistribution, resale and public publication are prohibited without permission.
How is the report delivered?
The PDF is available to download immediately after confirmed payment, through our secure delivery system.
Can my organization buy wider access?
Institutional purchasing: For invoice enquiries, multi-organization licensing or broader access requirements, contact Our Future Water Intelligence.
10
HOFOR: Utility Account Brief
- Format
- Length
- 11 pages
- Edition
- November 2026, First edition
- Price
- USD 499
11
Report details
Publication details
- Publisher
- Our Future Water Intelligence
- Report family
- Utility Account Brief
- Edition
- November 2026, First edition
- Format
- Length
- 11 pages
- Reference
- OFW_EXT_HOFOR_UTILITY_ACCOUNT_BRIEF_88e9110c9e3b
- Evidence current to
- 13 November 2026
14
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