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 -5 kDKK in 2024. The operating profit was -5 kDKK, while net earnings were 2241.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.1 %, which can be considered excellent and Return on Equity (ROE) was 41.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98 %, 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 7.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.00 | -5.00 | -5.00 | -13.75 | -5.00 |
EBIT | -5.00 | -5.00 | -5.00 | -13.75 | -5.00 |
Net earnings | - 446.80 | 543.94 | 39.90 | 604.89 | 2 241.34 |
Shareholders equity total | 4 315.03 | 4 018.29 | 4 000.99 | 4 546.98 | 6 288.33 |
Balance sheet total (assets) | 4 855.90 | 4 169.84 | 4 056.53 | 4 978.95 | 6 419.62 |
Net debt | 426.25 | 43.70 | -34.75 | 359.99 | 69.01 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.7 % | 12.6 % | 1.2 % | 13.6 % | 39.1 % |
ROE | -9.8 % | 13.1 % | 1.0 % | 14.2 % | 41.4 % |
ROI | -8.7 % | 12.7 % | 1.3 % | 13.8 % | 39.4 % |
Economic value added (EVA) | - 245.97 | - 246.66 | - 211.28 | - 211.96 | - 250.51 |
Solvency | |||||
Equity ratio | 88.9 % | 96.4 % | 98.6 % | 91.3 % | 98.0 % |
Gearing | 12.4 % | 2.7 % | 8.1 % | 1.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 3.4 | 7.1 | 1.9 | 7.7 |
Current ratio | 1.4 | 3.4 | 7.1 | 1.9 | 7.7 |
Cash and cash equivalents | 109.62 | 66.48 | 34.75 | 7.66 | 37.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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