VK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VK HOLDING A/S
VK HOLDING A/S (CVR number: 24257428K) is a company from VORDINGBORG. The company reported a net sales of 270.3 mDKK in 2021, demonstrating a decline of -46.6 % compared to the previous year. The operating profit percentage was at 28.3 % (EBIT: 76.4 mDKK), while net earnings were 67.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 48.4 %, which can be considered excellent and Return on Equity (ROE) was 122.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VK HOLDING A/S's liquidity measured by quick ratio was 1.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 411.45 | 414.60 | 448.22 | 506.30 | 270.32 |
Gross profit | 183.91 | 187.76 | 201.48 | 232.89 | 124.19 |
EBIT | 42.70 | 42.64 | 47.84 | 69.27 | 76.38 |
Net earnings | 32.89 | 32.14 | 37.58 | 53.11 | 67.26 |
Shareholders equity total | 86.20 | 88.39 | 95.97 | 116.08 | 53.74 |
Balance sheet total (assets) | 162.70 | 167.41 | 187.57 | 226.57 | 94.18 |
Net debt | -9.20 | -12.29 | -27.14 | -62.00 | -8.71 |
Profitability | |||||
EBIT-% | 10.4 % | 10.3 % | 10.7 % | 13.7 % | 28.3 % |
ROA | 26.2 % | 25.8 % | 27.0 % | 33.5 % | 48.4 % |
ROE | 38.8 % | 39.1 % | 50.9 % | 84.4 % | 122.3 % |
ROI | 40.3 % | 40.3 % | 42.9 % | 55.2 % | 71.2 % |
Economic value added (EVA) | 29.81 | 29.06 | 34.63 | 50.89 | 63.87 |
Solvency | |||||
Equity ratio | 61.8 % | 60.8 % | 60.4 % | 63.2 % | 57.1 % |
Gearing | 8.9 % | 6.8 % | 6.3 % | 5.3 % | |
Relative net indebtedness % | 11.7 % | 11.8 % | 10.4 % | 6.0 % | 9.8 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 1.1 | 1.6 | 1.4 |
Current ratio | 0.9 | 0.9 | 1.1 | 1.2 | 1.4 |
Cash and cash equivalents | 16.89 | 18.29 | 33.14 | 68.12 | 8.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.8 | 13.0 | 11.3 | 12.6 | 0.0 |
Net working capital % | -0.8 % | -1.1 % | 0.9 % | 4.2 % | 1.6 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | BBB |
Variable visualization
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