VIKAN A/S — Credit Rating and Financial Key Figures

CVR number: 10290147
Rævevej 1, 7800 Skive

Credit rating

Company information

Official name
VIKAN A/S
Personnel
176 persons
Established
1986
Company form
Limited company
Industry

About VIKAN A/S

VIKAN A/S (CVR number: 10290147K) is a company from SKIVE. The company reported a net sales of 687.5 mDKK in 2024, demonstrating a growth of 15.9 % compared to the previous year. The operating profit percentage was at 17.2 % (EBIT: 118.2 mDKK), while net earnings were 89.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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 2.3 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
2020
2021
2022
2023
2024
Volume
Net sales433.69501.52562.29593.08687.45
Gross profit223.46257.30280.06291.68355.85
EBIT67.5688.4085.9483.05118.20
Net earnings63.1689.10
Shareholders equity total187.58229.83258.75287.92340.85
Balance sheet total (assets)312.44352.58375.00409.82479.46
Net debt-13.24-61.20
Profitability
EBIT-%15.6 %17.6 %15.3 %14.0 %17.2 %
ROA21.5 %26.6 %23.6 %21.9 %27.5 %
ROE23.1 %28.3 %
ROI21.5 %26.6 %23.6 %24.5 %34.3 %
Economic value added (EVA)58.8678.9774.3950.1677.07
Solvency
Equity ratio100.0 %100.0 %100.0 %70.3 %71.1 %
Gearing7.5 %10.2 %
Relative net indebtedness %12.8 %4.8 %
Liquidity
Quick ratio1.52.3
Current ratio2.83.7
Cash and cash equivalents34.8195.88
Capital use efficiency
Trade debtors turnover (days)55.146.0
Net working capital %26.7 %34.7 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:27.5%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Board member

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