Credit rating
Company information
About VERNERS MASKINFABRIK A/S
VERNERS MASKINFABRIK A/S (CVR number: 33063539) is a company from KOLDING. The company recorded a gross profit of 2317 kDKK in 2023. The operating profit was -288.9 kDKK, while net earnings were -95.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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. VERNERS MASKINFABRIK A/S's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 705.16 | 2 815.92 | 2 458.71 | 2 950.89 | 2 316.97 |
EBIT | 454.92 | 1 000.02 | 662.09 | 724.19 | - 288.89 |
Net earnings | 361.77 | 768.95 | 451.31 | 328.54 | -95.23 |
Shareholders equity total | 3 350.74 | 3 919.69 | 3 370.99 | 3 249.53 | 2 834.31 |
Balance sheet total (assets) | 4 416.16 | 5 491.30 | 4 694.90 | 4 827.26 | 4 351.22 |
Net debt | -2 052.43 | -2 155.45 | -1 606.36 | -1 730.27 | -1 704.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.0 % | 20.3 % | 13.3 % | 15.4 % | -1.9 % |
ROE | 9.7 % | 21.2 % | 12.4 % | 9.9 % | -3.1 % |
ROI | 12.8 % | 27.2 % | 17.8 % | 19.4 % | -2.3 % |
Economic value added (EVA) | 232.12 | 714.91 | 433.32 | 489.05 | - 268.80 |
Solvency | |||||
Equity ratio | 75.9 % | 71.4 % | 71.8 % | 67.3 % | 65.1 % |
Gearing | 0.1 % | 7.8 % | 17.8 % | 25.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 2.7 | 2.6 | 2.4 | 2.2 |
Current ratio | 3.5 | 3.1 | 3.0 | 2.7 | 2.5 |
Cash and cash equivalents | 2 056.08 | 2 155.45 | 1 869.81 | 2 309.64 | 2 413.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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