VORDINGBORG VAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORDINGBORG VAND A/S
VORDINGBORG VAND A/S (CVR number: 30238303) is a company from VORDINGBORG. The company reported a net sales of 20.3 mDKK in 2024, demonstrating a decline of -3.7 % compared to the previous year. The operating profit percentage was at 14.5 % (EBIT: 2.9 mDKK), while net earnings were 2716.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.6 %, 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 3.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 20 075.89 | 18 525.01 | 18 691.84 | 21 070.44 | 20 298.45 |
Gross profit | 11 675.17 | 9 970.94 | 9 807.24 | 11 277.53 | 7 911.80 |
EBIT | 7 532.58 | 3 804.49 | 4 512.64 | 5 675.24 | 2 940.19 |
Net earnings | 7 016.29 | 2 968.49 | 3 790.42 | 5 376.51 | 2 716.18 |
Shareholders equity total | 71 464.40 | 74 432.89 | 78 223.31 | 83 599.82 | 86 316.00 |
Balance sheet total (assets) | 126 579.34 | 129 984.38 | 126 210.58 | 130 255.37 | 131 566.99 |
Net debt | 38 439.87 | 33 275.58 | 32 936.42 | 26 751.49 | 24 466.26 |
Profitability | |||||
EBIT-% | 37.5 % | 20.5 % | 24.1 % | 26.9 % | 14.5 % |
ROA | 6.6 % | 3.0 % | 3.5 % | 4.7 % | 2.5 % |
ROE | 10.3 % | 4.1 % | 5.0 % | 6.6 % | 3.2 % |
ROI | 7.0 % | 3.1 % | 3.6 % | 4.7 % | 2.6 % |
Economic value added (EVA) | 2 771.08 | -2 256.77 | -1 570.03 | - 780.36 | -3 378.07 |
Solvency | |||||
Equity ratio | 56.5 % | 57.3 % | 62.0 % | 64.2 % | 65.6 % |
Gearing | 68.8 % | 62.6 % | 56.8 % | 50.4 % | 46.1 % |
Relative net indebtedness % | 221.1 % | 227.9 % | 164.1 % | 148.4 % | 147.3 % |
Liquidity | |||||
Quick ratio | 2.3 | 1.9 | 26.7 | 3.6 | 3.2 |
Current ratio | 2.4 | 2.0 | 28.2 | 3.7 | 3.3 |
Cash and cash equivalents | 10 717.84 | 13 339.79 | 11 497.94 | 15 385.21 | 15 360.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 182.8 | 179.2 | 151.1 | 144.5 | 143.8 |
Net working capital % | 66.8 % | 66.5 % | 108.6 % | 97.3 % | 93.3 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AAA | AAA |
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