VORGOD BAGERI A/S — Credit Rating and Financial Key Figures

CVR number: 27927661
Fabriksvej 2, 6920 Videbæk
tel: 97175809

Credit rating

Company information

Official name
VORGOD BAGERI A/S
Personnel
23 persons
Established
2004
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About VORGOD BAGERI A/S

VORGOD BAGERI A/S (CVR number: 27927661) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 5648.1 kDKK in 2023. The operating profit was 1366.3 kDKK, while net earnings were 1063.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 20.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. VORGOD BAGERI A/S's liquidity measured by quick ratio was 1.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 176.065 637.196 173.145 628.895 648.10
EBIT1 124.441 468.121 946.461 283.991 366.28
Net earnings813.381 110.271 591.82998.201 063.21
Shareholders equity total4 237.654 547.925 039.745 037.935 201.14
Balance sheet total (assets)7 367.717 510.377 431.907 246.376 918.15
Net debt- 944.87-2.88- 295.08108.52- 360.66
Profitability
EBIT-%
ROA15.9 %19.8 %27.8 %17.5 %19.3 %
ROE19.7 %25.3 %33.2 %19.8 %20.8 %
ROI20.9 %26.2 %38.3 %24.4 %25.6 %
Economic value added (EVA)677.98980.401 292.53762.82824.03
Solvency
Equity ratio57.5 %60.6 %67.8 %69.5 %75.2 %
Gearing27.9 %24.7 %6.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.01.41.31.8
Current ratio2.32.62.12.12.6
Cash and cash equivalents2 126.861 126.40295.08241.48360.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:19.3%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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