VORES FARVER ApS

CVR number: 27918824
Sanddal Engvej 16, Sanddal 7000 Fredericia

Credit rating

Company information

Official name
VORES FARVER ApS
Established
2004
Domicile
Sanddal
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About VORES FARVER ApS

VORES FARVER ApS (CVR number: 27918824) is a company from FREDERICIA. The company recorded a gross profit of 732.3 kDKK in 2023. The operating profit was 627.3 kDKK, while net earnings were 404.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.4 %, 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. VORES FARVER ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit630.36490.67690.32387.86732.28
EBIT542.11386.67584.42281.96627.28
Net earnings306.6471.67365.26301.51404.91
Shareholders equity total2 690.763 867.624 427.164 747.095 245.13
Balance sheet total (assets)9 167.7310 683.8311 197.5411 207.4311 806.83
Net debt5 199.285 287.264 794.802 091.661 430.06
Profitability
EBIT-%
ROA5.5 %3.9 %5.4 %4.8 %5.6 %
ROE13.0 %2.2 %8.8 %6.6 %8.1 %
ROI5.9 %4.0 %5.5 %5.5 %7.3 %
Economic value added (EVA)211.6552.07-11.59- 242.46134.99
Solvency
Equity ratio29.4 %36.2 %39.5 %42.4 %44.4 %
Gearing208.7 %145.5 %124.0 %58.8 %52.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.41.90.30.5
Current ratio1.11.41.90.30.5
Cash and cash equivalents417.29338.54696.77699.251 306.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:5.55%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.4%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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