NATIONAL OILWELL VARCO DENMARK I/S — Credit Rating and Financial Key Figures

CVR number: 24255298
Priorparken 480, 2605 Brøndby
tel: 43483000
Free credit report Annual report

Credit rating

Company information

Official name
NATIONAL OILWELL VARCO DENMARK I/S
Personnel
730 persons
Established
1999
Company form
General partnership
Industry

About NATIONAL OILWELL VARCO DENMARK I/S

NATIONAL OILWELL VARCO DENMARK I/S (CVR number: 24255298) is a company from BRØNDBY. The company reported a net sales of 1867.8 mDKK in 2024, demonstrating a growth of 22.9 % compared to the previous year. The operating profit percentage was at 10.1 % (EBIT: 187.9 mDKK), while net earnings were 198.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77 %, 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. NATIONAL OILWELL VARCO DENMARK I/S's liquidity measured by quick ratio was 2.6 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 sales1 246.001 120.001 360.001 520.201 867.78
Gross profit1 246.001 120.001 360.00668.11774.82
EBIT- 417.00- 188.001.00216.77187.93
Net earnings- 398.00- 165.00670.00267.26198.45
Shareholders equity total76.0038.0037.001 293.271 271.07
Balance sheet total (assets)1 900.001 885.001 045.002 259.352 039.09
Net debt12.4272.51
Profitability
EBIT-%-33.5 %-16.8 %0.1 %14.3 %10.1 %
ROA-19.7 %-9.9 %0.1 %16.8 %11.1 %
ROE-142.7 %-289.5 %1786.7 %40.2 %15.5 %
ROI-19.7 %-9.9 %0.1 %23.6 %17.9 %
Economic value added (EVA)- 441.22- 191.82-0.91214.91122.32
Solvency
Equity ratio100.0 %100.0 %100.0 %79.3 %77.0 %
Gearing1.0 %5.7 %
Relative net indebtedness %63.5 %41.1 %
Liquidity
Quick ratio3.22.6
Current ratio1.31.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)52.130.5
Net working capital %17.9 %22.9 %
Credit risk
Credit ratingBBBBBBBBAAAAA

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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