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: 26681111) is a company from HOLSTEBRO. The company reported a net sales of 935.7 mDKK in 2023, demonstrating a decline of -4.9 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 13.5 mDKK), while net earnings were 47.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, 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 69.1 %, 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. VALD. BIRN A/S's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 984 381.00 | 935 701.00 |
Gross profit | 43 283.00 | 91 421.00 |
EBIT | -22 750.00 | 13 519.00 |
Net earnings | 22 941.00 | 47 424.00 |
Shareholders equity total | 457 902.00 | 500 538.00 |
Balance sheet total (assets) | 711 114.00 | 724 771.00 |
Net debt | 94 959.00 | 44 226.00 |
Profitability | ||
EBIT-% | -2.3 % | 1.4 % |
ROA | 1.8 % | 5.6 % |
ROE | 5.0 % | 9.9 % |
ROI | 2.1 % | 6.9 % |
Economic value added (EVA) | -16 990.02 | -2 023.43 |
Solvency | ||
Equity ratio | 64.4 % | 69.1 % |
Gearing | 23.7 % | 13.7 % |
Relative net indebtedness % | 22.4 % | 19.0 % |
Liquidity | ||
Quick ratio | 0.9 | 1.1 |
Current ratio | 1.5 | 1.7 |
Cash and cash equivalents | 13 593.00 | 24 332.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 40.7 | 37.3 |
Net working capital % | 11.0 % | 14.6 % |
Credit risk | ||
Credit rating | AA | AAA |
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