VOLSING HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VOLSING HOLDING A/S
VOLSING HOLDING A/S (CVR number: 35400265) is a company from KALUNDBORG. The company recorded a gross profit of -13.8 kDKK in 2023. The operating profit was -13.8 kDKK, while net earnings were 604.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VOLSING HOLDING A/S's liquidity measured by quick ratio was 1.9 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 | -5.00 | -5.00 | -5.00 | -5.00 | -13.75 |
EBIT | -5.00 | -5.00 | -5.00 | -5.00 | -13.75 |
Net earnings | - 288.40 | - 446.80 | 543.94 | 39.90 | 604.89 |
Shareholders equity total | 4 817.13 | 4 315.03 | 4 018.29 | 4 000.99 | 4 546.98 |
Balance sheet total (assets) | 4 822.15 | 4 855.90 | 4 169.84 | 4 056.53 | 4 978.95 |
Net debt | -0.89 | 426.25 | 43.70 | -34.75 | 359.99 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.5 % | -8.7 % | 12.6 % | 1.2 % | 13.6 % |
ROE | -5.8 % | -9.8 % | 13.1 % | 1.0 % | 14.2 % |
ROI | -5.5 % | -8.7 % | 12.7 % | 1.3 % | 13.8 % |
Economic value added (EVA) | 57.87 | -24.69 | -43.12 | -59.11 | -66.35 |
Solvency | |||||
Equity ratio | 99.9 % | 88.9 % | 96.4 % | 98.6 % | 91.3 % |
Gearing | 12.4 % | 2.7 % | 8.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 201.3 | 1.4 | 3.4 | 7.1 | 1.9 |
Current ratio | 201.3 | 1.4 | 3.4 | 7.1 | 1.9 |
Cash and cash equivalents | 0.89 | 109.62 | 66.48 | 34.75 | 7.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | AA | A | AA |
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