VERDO TRADING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 700.28 | 466.72 | 722.25 | 1 661.33 | 782.78 |
Gross profit | 700.28 | 466.72 | 722.25 | 104.83 | 1.28 |
EBIT | 7.95 | -13.34 | 17.76 | 77.77 | -21.76 |
Net earnings | 8.68 | -10.61 | 10.74 | 59.20 | -17.80 |
Shareholders equity total | 223.41 | 212.77 | 223.59 | 282.79 | 264.99 |
Balance sheet total (assets) | 288.10 | 253.34 | 368.29 | 427.22 | 362.25 |
Net debt | 79.64 | 41.25 | |||
Profitability | |||||
EBIT-% | 1.1 % | -2.9 % | 2.5 % | 4.7 % | -2.8 % |
ROA | 2.7 % | -4.9 % | 5.7 % | 19.7 % | -5.3 % |
ROE | 4.0 % | -4.9 % | 4.9 % | 23.4 % | -6.5 % |
ROI | 2.7 % | -4.9 % | 5.7 % | 21.3 % | -6.1 % |
Economic value added (EVA) | -2.85 | -24.57 | 7.07 | 51.29 | -31.09 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 66.2 % | 73.2 % |
Gearing | 28.9 % | 16.5 % | |||
Relative net indebtedness % | 8.6 % | 12.1 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 2.5 | |||
Current ratio | 2.8 | 3.5 | |||
Cash and cash equivalents | 2.20 | 2.50 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.2 | 6.8 | |||
Net working capital % | 15.0 % | 30.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | BBB |
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