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

CVR number: 35043713
Gyngemose Parkvej 50, 2860 Søborg

Company information

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

About VORES SOL NAKSKOV I K/S

VORES SOL NAKSKOV I K/S (CVR number: 35043713) is a company from GLADSAXE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -5.8 % compared to the previous year. The operating profit percentage was at 53.6 % (EBIT: 0.4 mDKK), while net earnings were 203.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VORES SOL NAKSKOV I K/S's liquidity measured by quick ratio was 14.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales718.38784.08713.85791.43745.31
Gross profit634.30714.32638.43722.11665.13
EBIT368.73448.76372.87456.55399.56
Net earnings63.59160.77114.61228.45203.52
Shareholders equity total485.73646.49761.10989.551 193.08
Balance sheet total (assets)4 657.364 386.494 037.703 847.733 172.11
Net debt2 531.802 149.111 829.491 360.261 058.51
Profitability
EBIT-%51.3 %57.2 %52.2 %57.7 %53.6 %
ROA8.3 %10.0 %8.9 %11.6 %11.4 %
ROE14.0 %28.4 %16.3 %26.1 %18.6 %
ROI8.4 %10.1 %9.0 %12.6 %13.4 %
Economic value added (EVA)128.41239.43156.71232.04169.42
Solvency
Equity ratio10.4 %14.7 %18.8 %25.7 %37.6 %
Gearing685.0 %459.3 %341.4 %226.9 %130.3 %
Relative net indebtedness %470.0 %372.4 %351.3 %249.3 %198.9 %
Liquidity
Quick ratio17.229.427.117.914.4
Current ratio17.229.427.117.914.4
Cash and cash equivalents795.22820.24768.58884.95496.32
Capital use efficiency
Trade debtors turnover (days)2.95.34.41.0
Net working capital %107.2 %103.7 %106.2 %106.4 %63.8 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.6%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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