VORDINGBORG VAND A/S — Credit Rating and Financial Key Figures

CVR number: 30238303
Danmarksvej 1, 4760 Vordingborg
tel: 55353701

Credit rating

Company information

Official name
VORDINGBORG VAND A/S
Established
2007
Company form
Limited company
Industry
  • Expand more icon36Water collection, treatment and supply

About VORDINGBORG VAND A/S

VORDINGBORG VAND A/S (CVR number: 30238303) is a company from VORDINGBORG. The company reported a net sales of 21.1 mDKK in 2023, demonstrating a growth of 12.7 % compared to the previous year. The operating profit percentage was at 26.9 % (EBIT: 5.7 mDKK), while net earnings were 5376.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. VORDINGBORG VAND A/S's liquidity measured by quick ratio was 38.4 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales14 683.8520 075.8918 525.0118 691.8421 070.44
Gross profit7 858.6111 675.179 970.949 807.2411 277.53
EBIT4 487.267 532.583 804.494 512.645 675.24
Net earnings4 122.907 016.292 968.493 790.425 376.51
Shareholders equity total64 448.1171 464.4074 432.8978 223.3183 599.82
Balance sheet total (assets)102 246.91126 579.34129 984.38126 210.58130 255.37
Net debt29 366.5638 439.8733 275.5832 936.4226 751.49
Profitability
EBIT-%30.6 %37.5 %20.5 %24.1 %26.9 %
ROA5.1 %6.6 %3.0 %3.5 %4.4 %
ROE6.6 %10.3 %4.1 %5.0 %6.6 %
ROI5.3 %7.0 %3.1 %3.6 %4.3 %
Economic value added (EVA)1 455.924 341.38-1 186.20- 450.51451.80
Solvency
Equity ratio82.6 %56.5 %57.3 %62.0 %64.2 %
Gearing47.0 %68.8 %62.6 %56.8 %50.4 %
Relative net indebtedness %251.0 %221.1 %227.9 %164.1 %116.2 %
Liquidity
Quick ratio1.02.31.926.738.4
Current ratio1.12.42.028.239.6
Cash and cash equivalents941.6210 717.8413 339.7911 497.9415 385.21
Capital use efficiency
Trade debtors turnover (days)178.1182.8179.2151.1144.5
Net working capital %7.2 %66.8 %66.5 %108.6 %129.4 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:4.43%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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