VULKAN DÆK A/S — Credit Rating and Financial Key Figures

CVR number: 13810338
Metervej 16, 8940 Randers SV
pwn@vulkan.dk
tel: 86424090
www.vulkan.dk

Credit rating

Company information

Official name
VULKAN DÆK A/S
Personnel
27 persons
Established
1990
Company form
Limited company
Industry

About VULKAN DÆK A/S

VULKAN DÆK A/S (CVR number: 13810338) is a company from RANDERS. The company recorded a gross profit of 10.8 mDKK in 2023. The operating profit was 189.1 kDKK, while net earnings were 300.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.5 %, 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. VULKAN DÆK A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 793.929 005.2812 826.9614 870.6210 823.59
EBIT981.541 231.983 428.283 460.37189.11
Net earnings981.301 206.623 395.933 168.07300.07
Shareholders equity total5 894.196 900.8110 046.739 914.807 214.62
Balance sheet total (assets)17 418.4023 296.3629 063.5029 094.7027 269.80
Net debt2 905.113 331.221 102.575 421.016 581.25
Profitability
EBIT-%
ROA8.9 %8.7 %17.1 %14.8 %3.4 %
ROE18.0 %18.9 %40.1 %31.7 %3.5 %
ROI13.4 %14.7 %32.7 %27.8 %5.5 %
Economic value added (EVA)511.93682.412 321.592 240.27- 344.37
Solvency
Equity ratio33.8 %29.6 %34.6 %34.1 %26.5 %
Gearing58.1 %48.8 %21.8 %56.2 %94.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.01.00.7
Current ratio1.51.41.51.51.2
Cash and cash equivalents517.3633.681 083.77153.85233.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:3.36%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.5%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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