VALD. BIRN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VALD. BIRN A/S
VALD. BIRN A/S (CVR number: 26681111K) is a company from HOLSTEBRO. The company reported a net sales of 1432.5 mDKK in 2023, demonstrating a decline of -5.5 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 47.8 mDKK), while net earnings were 47.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 58.6 %, 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. VALD. BIRN A/S's liquidity measured by quick ratio was 0.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 955.40 | 778.78 | 1 150.93 | 1 515.31 | 1 432.47 |
Gross profit | 955.40 | 778.78 | 1 150.93 | 150.82 | 184.22 |
EBIT | -15.76 | -42.51 | 0.94 | 24.46 | 47.82 |
Net earnings | -1.60 | -8.28 | 6.03 | 22.94 | 47.42 |
Shareholders equity total | 438.94 | 431.36 | 436.96 | 457.90 | 500.54 |
Balance sheet total (assets) | 659.85 | 647.00 | 798.74 | 857.95 | 853.56 |
Net debt | -11.40 | 143.55 | 80.06 | ||
Profitability | |||||
EBIT-% | -1.6 % | -5.5 % | 0.1 % | 1.6 % | 3.3 % |
ROA | -2.3 % | -6.5 % | 0.1 % | 3.0 % | 5.9 % |
ROE | -0.4 % | -1.9 % | 1.4 % | 5.1 % | 9.9 % |
ROI | -2.3 % | -6.5 % | 0.1 % | 3.5 % | 7.8 % |
Economic value added (EVA) | -38.42 | -64.56 | -20.74 | -5.53 | 13.66 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 53.4 % | 58.6 % |
Gearing | 35.8 % | 24.3 % | |||
Relative net indebtedness % | -1.0 % | 23.8 % | 20.1 % | ||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | |||
Current ratio | 1.4 | 1.6 | |||
Cash and cash equivalents | 11.40 | 20.58 | 41.69 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 49.4 | 45.2 | |||
Net working capital % | 1.0 % | 11.1 % | 14.9 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | AAA | AAA |
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