VORDINGBORG FORSYNINGSSERVICE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORDINGBORG FORSYNINGSSERVICE A/S
VORDINGBORG FORSYNINGSSERVICE A/S (CVR number: 30708954) is a company from VORDINGBORG. The company reported a net sales of 40.8 mDKK in 2024, demonstrating a growth of 5.9 % compared to the previous year. The operating profit percentage was poor at -3 % (EBIT: -1.2 mDKK), while net earnings were 69.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VORDINGBORG FORSYNINGSSERVICE 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 34.66 | 32.99 | 36.95 | 38.58 | 40.85 |
Gross profit | 28.92 | 27.36 | 29.73 | 29.99 | 30.00 |
EBIT | 0.09 | 0.12 | -0.36 | -0.68 | -1.23 |
Net earnings | -0.02 | 0.10 | -0.23 | 0.22 | 0.07 |
Shareholders equity total | 4.03 | 4.13 | 3.90 | 4.12 | 4.19 |
Balance sheet total (assets) | 19.21 | 11.75 | 12.98 | 19.43 | 14.30 |
Net debt | -3.66 | -3.05 | -0.35 | -3.57 | -2.76 |
Profitability | |||||
EBIT-% | 0.3 % | 0.4 % | -1.0 % | -1.8 % | -3.0 % |
ROA | 0.8 % | 1.0 % | -1.7 % | 1.0 % | 0.6 % |
ROE | -0.5 % | 2.6 % | -5.8 % | 5.4 % | 1.7 % |
ROI | 2.1 % | 2.5 % | -4.1 % | 2.0 % | 1.3 % |
Economic value added (EVA) | -0.18 | -0.27 | -0.61 | -0.74 | -1.50 |
Solvency | |||||
Equity ratio | 21.0 % | 35.2 % | 30.1 % | 21.2 % | 29.3 % |
Gearing | 90.9 % | 15.4 % | 27.6 % | 164.6 % | 42.0 % |
Relative net indebtedness % | 22.3 % | 11.6 % | 20.4 % | 12.8 % | 13.6 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.1 | 1.1 | 1.1 |
Current ratio | 1.1 | 1.2 | 1.1 | 1.1 | 1.1 |
Cash and cash equivalents | 7.33 | 3.68 | 1.43 | 10.35 | 4.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.8 | 2.2 | 1.9 | 2.8 | 8.9 |
Net working capital % | 4.6 % | 5.3 % | 2.9 % | 3.3 % | 3.2 % |
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
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