VIKAN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VIKAN A/S
VIKAN A/S (CVR number: 10290147) is a company from SKIVE. The company reported a net sales of 435.1 mDKK in 2023, demonstrating a growth of 6.4 % compared to the previous year. The operating profit percentage was at 15.1 % (EBIT: 65.6 mDKK), while net earnings were 63.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, 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 71.8 %, 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 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 408 789.00 | 435 077.00 | |
Gross profit | 176 893.00 | 183 594.00 | |
EBIT | 67 090.00 | 65 630.00 | |
Net earnings | 62 688.00 | 63 163.00 | |
Shareholders equity total | 258 750.00 | 287 918.00 | |
Balance sheet total (assets) | 375 194.00 | 400 758.00 | |
Net debt | 23 172.00 | 34 365.00 | |
Profitability | |||
EBIT-% | 16.4 % | 15.1 % | |
ROA | 22.2 % | 21.0 % | |
ROE | 24.2 % | 23.1 % | |
ROI | 26.9 % | 24.9 % | |
Economic value added (EVA) | -2 675.46 | 51 356.89 | 45 969.97 |
Solvency | |||
Equity ratio | 69.0 % | 71.8 % | |
Gearing | 14.8 % | 15.5 % | |
Relative net indebtedness % | 23.4 % | 22.2 % | |
Liquidity | |||
Quick ratio | 1.1 | 1.1 | |
Current ratio | 1.9 | 1.8 | |
Cash and cash equivalents | 15 202.00 | 10 135.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 44.1 | 37.7 | |
Net working capital % | 17.1 % | 15.6 % | |
Credit risk | |||
Credit rating | AAA | AAA |
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