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Vand Gruppen A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vand Gruppen A/S
Vand Gruppen A/S (CVR number: 87681912) is a company from HERNING. The company recorded a gross profit of 24.9 mDKK in 2025. The operating profit was -5741.8 kDKK, while net earnings were -6096.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -22.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Vand Gruppen A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 39 651.49 | 41 299.73 | 37 424.23 | 38 070.81 | 24 889.88 |
| EBIT | 8 970.09 | 12 166.44 | 6 323.69 | 7 215.40 | -5 741.76 |
| Net earnings | 6 588.88 | 9 328.20 | 3 958.22 | 3 903.74 | -6 096.29 |
| Shareholders equity total | 31 394.08 | 34 722.28 | 30 680.50 | 31 584.24 | 21 987.95 |
| Balance sheet total (assets) | 69 043.94 | 79 093.49 | 86 297.77 | 85 438.93 | 79 134.17 |
| Net debt | 9 881.47 | 8 324.38 | 13 046.87 | 15 017.73 | 20 107.76 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 12.4 % | 16.5 % | 7.7 % | 8.5 % | -6.8 % |
| ROE | 21.5 % | 28.2 % | 12.1 % | 12.5 % | -22.8 % |
| ROI | 15.3 % | 20.0 % | 9.5 % | 10.0 % | -7.6 % |
| Economic value added (EVA) | 3 888.49 | 6 610.79 | 1 602.91 | 2 059.03 | -8 377.95 |
| Solvency | |||||
| Equity ratio | 45.5 % | 43.9 % | 35.6 % | 37.0 % | 27.8 % |
| Gearing | 31.5 % | 24.0 % | 42.5 % | 47.5 % | 91.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 1.1 | 0.9 | 0.8 | 0.6 |
| Current ratio | 1.5 | 1.6 | 1.3 | 1.3 | 1.0 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | BBB |
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