VERDO VAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 25 202.00 | 24 519.00 | 25 706.00 | 25 277.21 | 26 149.41 |
Gross profit | 25 202.00 | 24 519.00 | 25 706.00 | 15 131.64 | 14 266.65 |
EBIT | 3 727.00 | 1 345.00 | 4 105.00 | 593.98 | -1 067.40 |
Net earnings | 2 978.00 | 751.00 | 3 031.00 | 49.65 | 44 448.86 |
Shareholders equity total | 176 344.00 | 176 854.00 | 180 686.82 | 182 688.19 | 227 074.13 |
Balance sheet total (assets) | 242 042.00 | 251 282.00 | 256 515.00 | 257 906.87 | 303 116.21 |
Net debt | 18 171.39 | 26 338.55 | |||
Profitability | |||||
EBIT-% | 14.8 % | 5.5 % | 16.0 % | 2.3 % | -4.1 % |
ROA | 1.6 % | 0.5 % | 1.6 % | 0.2 % | -0.4 % |
ROE | 1.7 % | 0.4 % | 1.7 % | 0.0 % | 21.7 % |
ROI | 1.6 % | 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 ratio | 100.0 % | 100.0 % | 100.0 % | 70.8 % | 74.9 % |
Gearing | 9.9 % | 11.6 % | |||
Relative net indebtedness % | 112.9 % | 140.0 % | |||
Liquidity | |||||
Quick ratio | 0.1 | 1.3 | |||
Current ratio | 0.1 | 1.4 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.0 | 4.8 | |||
Net working capital % | -92.6 % | 47.8 % | |||
Credit risk | |||||
Credit rating | A | A | A | AA | AAA |
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