VOLVO CAR DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 14540733
Vandtårnsvej 62, 2860 Søborg
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Company information

Official name
VOLVO CAR DENMARK A/S
Personnel
30 persons
Established
1990
Company form
Limited company
Industry

About VOLVO CAR DENMARK A/S

VOLVO CAR DENMARK A/S (CVR number: 14540733) is a company from GLADSAXE. The company reported a net sales of 1934.5 mDKK in 2024, demonstrating a decline of -0.1 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 10.7 mDKK), while net earnings were 14.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 44.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VOLVO CAR DENMARK A/S's liquidity measured by quick ratio was 1.3 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 347.501 583.081 912.281 936.901 934.48
Gross profit61.4867.8030.9638.8139.63
EBIT6.406.437.2512.8610.66
Net earnings3.964.495.679.9614.22
Shareholders equity total48.9029.3929.4630.0134.42
Balance sheet total (assets)404.87518.34530.79436.18186.82
Net debt39.9544.51
Profitability
EBIT-%0.5 %0.4 %0.4 %0.7 %0.6 %
ROA1.7 %1.4 %1.4 %3.8 %7.2 %
ROE8.4 %11.5 %19.3 %33.5 %44.1 %
ROI1.7 %1.4 %1.4 %4.3 %9.9 %
Economic value added (EVA)4.143.985.778.42-8.60
Solvency
Equity ratio100.0 %100.0 %100.0 %6.9 %18.4 %
Gearing1015.7 %224.0 %
Relative net indebtedness %7.3 %5.8 %
Liquidity
Quick ratio1.11.3
Current ratio1.11.4
Cash and cash equivalents264.8632.59
Capital use efficiency
Trade debtors turnover (days)8.37.0
Net working capital %2.3 %2.7 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:7.20%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.4%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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