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 32.2 mDKK in 2024, demonstrating a growth of 23.1 % compared to the previous year. The operating profit percentage was at 14.4 % (EBIT: 4.6 mDKK), while net earnings were -159 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. VERDO VAND A/S's liquidity measured by quick ratio was 1.2 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 | 24.52 | 25.71 | 25.28 | 26.15 | 32.18 |
Gross profit | 24.52 | 25.71 | 15.13 | 14.27 | 20.51 |
EBIT | 1.34 | 4.11 | 0.59 | -1.07 | 4.62 |
Net earnings | 0.75 | 3.03 | 0.05 | 44.45 | -0.16 |
Shareholders equity total | 176.85 | 180.69 | 182.69 | 227.07 | 226.82 |
Balance sheet total (assets) | 251.28 | 256.51 | 257.91 | 303.12 | 285.02 |
Net debt | 18.17 | 26.34 | -2.38 | ||
Profitability | |||||
EBIT-% | 5.5 % | 16.0 % | 2.3 % | -4.1 % | 14.4 % |
ROA | 0.5 % | 1.6 % | 0.2 % | -0.4 % | 1.8 % |
ROE | 0.4 % | 1.7 % | 0.0 % | 21.7 % | -0.1 % |
ROI | 0.5 % | 1.6 % | 0.2 % | -0.4 % | 2.1 % |
Economic value added (EVA) | -7.52 | -4.78 | -8.66 | -13.20 | -9.46 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 70.8 % | 74.9 % | 79.6 % |
Gearing | 9.9 % | 11.6 % | 2.9 % | ||
Relative net indebtedness % | 112.9 % | 290.8 % | 153.0 % | ||
Liquidity | |||||
Quick ratio | 0.1 | 1.3 | 1.2 | ||
Current ratio | 0.1 | 1.4 | 1.3 | ||
Cash and cash equivalents | 8.98 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.0 | 4.8 | 33.0 | ||
Net working capital % | -92.6 % | 47.8 % | 14.4 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | AA | AA | AA |
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