VORES SOL NAKSKOV XVIII K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORES SOL NAKSKOV XVIII K/S
VORES SOL NAKSKOV XVIII K/S (CVR number: 35044604) is a company from GLADSAXE. The company reported a net sales of 0.5 mDKK in 2024, demonstrating a decline of -10.2 % compared to the previous year. The operating profit percentage was at 41.3 % (EBIT: 0.2 mDKK), while net earnings were 219.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VORES SOL NAKSKOV XVIII K/S's liquidity measured by quick ratio was 6.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 566.11 | 516.18 | 567.06 | 564.30 | 506.52 |
Gross profit | 470.68 | 430.17 | 475.29 | 462.97 | 415.73 |
EBIT | 263.77 | 223.25 | 268.94 | 256.63 | 209.39 |
Net earnings | 258.81 | 216.83 | 278.17 | 244.17 | 219.88 |
Shareholders equity total | 1 625.49 | 1 842.33 | 2 120.49 | 4 789.61 | 5 009.49 |
Balance sheet total (assets) | 3 906.56 | 3 696.80 | 3 648.53 | 5 835.83 | 5 658.62 |
Net debt | 1 888.04 | 1 450.72 | 893.07 | 506.14 | 72.94 |
Profitability | |||||
EBIT-% | 46.6 % | 43.3 % | 47.4 % | 45.5 % | 41.3 % |
ROA | 8.1 % | 6.8 % | 8.7 % | 6.4 % | 4.6 % |
ROE | 17.0 % | 12.5 % | 14.0 % | 7.1 % | 4.5 % |
ROI | 8.2 % | 6.9 % | 8.8 % | 6.5 % | 4.6 % |
Economic value added (EVA) | 59.99 | 28.32 | 84.14 | 77.66 | -83.16 |
Solvency | |||||
Equity ratio | 41.6 % | 49.8 % | 58.1 % | 82.1 % | 88.5 % |
Gearing | 138.7 % | 99.6 % | 68.0 % | 21.6 % | 12.1 % |
Relative net indebtedness % | 338.3 % | 284.8 % | 172.8 % | 92.2 % | 22.6 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 1.1 | 6.7 | 6.7 |
Current ratio | 0.9 | 0.9 | 1.1 | 6.7 | 6.7 |
Cash and cash equivalents | 365.71 | 384.64 | 548.05 | 526.18 | 534.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.1 | 2.8 | 1.2 | 2.6 | |
Net working capital % | -11.5 % | -6.6 % | 7.9 % | 445.6 % | 500.2 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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