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

CVR number: 31600359
Agerskellet 7, 8920 Randers NV
tel: 89114811

Credit rating

Company information

Official name
VERDO VAND A/S
Personnel
9 persons
Established
2008
Company form
Limited company
Industry
  • Expand more icon36Water collection, treatment and supply

About VERDO VAND A/S

VERDO VAND A/S (CVR number: 31600359) is a company from RANDERS. The company reported a net sales of 26.1 mDKK in 2023, demonstrating a growth of 3.5 % compared to the previous year. The operating profit percentage was poor at -4.1 % (EBIT: -1.1 mDKK), while net earnings were 44.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.9 %, 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. VERDO VAND A/S's liquidity measured by quick ratio was 1.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales25 202.0024 519.0025 706.0025 277.2126 149.41
Gross profit25 202.0024 519.0025 706.0015 131.6414 266.65
EBIT3 727.001 345.004 105.00593.98-1 067.40
Net earnings2 978.00751.003 031.0049.6544 448.86
Shareholders equity total176 344.00176 854.00180 686.82182 688.19227 074.13
Balance sheet total (assets)242 042.00251 282.00256 515.00257 906.87303 116.21
Net debt18 171.3926 338.55
Profitability
EBIT-%14.8 %5.5 %16.0 %2.3 %-4.1 %
ROA1.6 %0.5 %1.6 %0.2 %-0.4 %
ROE1.7 %0.4 %1.7 %0.0 %21.7 %
ROI1.6 %0.5 %1.6 %0.2 %-0.4 %
Economic value added (EVA)-5 013.13-7 516.29-4 781.91-8 657.79-9 937.93
Solvency
Equity ratio100.0 %100.0 %100.0 %70.8 %74.9 %
Gearing9.9 %11.6 %
Relative net indebtedness %112.9 %140.0 %
Liquidity
Quick ratio0.11.3
Current ratio0.11.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)6.04.8
Net working capital %-92.6 %47.8 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:-0.38%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.9%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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