VIKAN A/S — Credit Rating and Financial Key Figures

VIKAN A/S (CVR number: 10290147K) is a company from SKIVE. The company reported a net sales of 593.1 mDKK in 2023, demonstrating a growth of 5.5 % compared to the previous year. The operating profit percentage was at 14 % (EBIT: 83 mDKK), while net earnings were 63.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 23.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. VIKAN A/S's liquidity measured by quick ratio was 1.5 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.