VORES SOL A2 K/S — Credit Rating and Financial Key Figures

CVR number: 35047727
Gyngemose Parkvej 50, 2860 Søborg

Company information

Official name
VORES SOL A2 K/S
Established
2013
Company form
Limited partnership
Industry

About VORES SOL A2 K/S

VORES SOL A2 K/S (CVR number: 35047727) is a company from GLADSAXE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -5.6 % compared to the previous year. The operating profit percentage was at 53.7 % (EBIT: 0.3 mDKK), while net earnings were 249.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. VORES SOL A2 K/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
2019
2020
2021
2022
2023
Volume
Net sales533.86588.35537.50579.34547.12
Gross profit502.84551.18509.26544.21509.77
EBIT286.68335.01293.10328.33293.90
Net earnings227.68284.70260.46298.94249.35
Shareholders equity total2 134.152 068.862 109.312 243.252 252.60
Balance sheet total (assets)4 110.153 742.833 477.593 372.363 025.63
Net debt1 325.361 184.10938.37523.31339.17
Profitability
EBIT-%53.7 %56.9 %54.5 %56.7 %53.7 %
ROA6.9 %8.5 %8.1 %9.6 %9.2 %
ROE11.3 %13.5 %12.5 %13.7 %11.1 %
ROI7.0 %8.6 %8.2 %9.7 %9.3 %
Economic value added (EVA)77.81129.79106.23154.50128.41
Solvency
Equity ratio51.9 %55.3 %60.7 %66.5 %74.5 %
Gearing91.4 %79.8 %64.0 %46.8 %33.3 %
Relative net indebtedness %253.1 %205.3 %178.0 %104.0 %66.2 %
Liquidity
Quick ratio1.91.51.41.41.3
Current ratio1.91.51.41.41.3
Cash and cash equivalents624.64465.90411.63526.69410.83
Capital use efficiency
Trade debtors turnover (days)5.39.513.910.10.7
Net working capital %57.4 %26.7 %21.2 %28.3 %16.2 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.19%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.5%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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