VERDO TRADING A/S — Credit Rating and Financial Key Figures

CVR number: 10125421
Agerskellet 7, 8920 Randers NV
trading@verdo.com
tel: 70100233

Credit rating

Company information

Official name
VERDO TRADING A/S
Personnel
26 persons
Established
2003
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VERDO TRADING A/S

VERDO TRADING A/S (CVR number: 10125421) is a company from RANDERS. The company reported a net sales of 782.8 mDKK in 2023, demonstrating a decline of -52.9 % compared to the previous year. The operating profit percentage was poor at -2.8 % (EBIT: -21.8 mDKK), while net earnings were -17.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VERDO TRADING A/S's liquidity measured by quick ratio was 2.5 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 sales700.28466.72722.251 661.33782.78
Gross profit700.28466.72722.25104.831.28
EBIT7.95-13.3417.7677.77-21.76
Net earnings8.68-10.6110.7459.20-17.80
Shareholders equity total223.41212.77223.59282.79264.99
Balance sheet total (assets)288.10253.34368.29427.22362.25
Net debt79.6441.25
Profitability
EBIT-%1.1 %-2.9 %2.5 %4.7 %-2.8 %
ROA2.7 %-4.9 %5.7 %19.7 %-5.3 %
ROE4.0 %-4.9 %4.9 %23.4 %-6.5 %
ROI2.7 %-4.9 %5.7 %21.3 %-6.1 %
Economic value added (EVA)-2.85-24.577.0751.29-31.09
Solvency
Equity ratio100.0 %100.0 %100.0 %66.2 %73.2 %
Gearing28.9 %16.5 %
Relative net indebtedness %8.6 %12.1 %
Liquidity
Quick ratio1.32.5
Current ratio2.83.5
Cash and cash equivalents2.202.50
Capital use efficiency
Trade debtors turnover (days)6.26.8
Net working capital %15.0 %30.3 %
Credit risk
Credit ratingBBBBBBBBBAABBB

Variable visualization

ROA:-5.27%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.2%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

Companies in the same industry

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