VENOKA A/S — Credit Rating and Financial Key Figures

CVR number: 27660517
Mads Bjerres Vej 6, 7500 Holstebro
tel: 97412449

Credit rating

Company information

Official name
VENOKA A/S
Personnel
15 persons
Established
1982
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About VENOKA A/S

VENOKA A/S (CVR number: 27660517) is a company from HOLSTEBRO. The company recorded a gross profit of 2349.8 kDKK in 2023. The operating profit was 1272.4 kDKK, while net earnings were 974.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 25.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VENOKA A/S's liquidity measured by quick ratio was 1.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 398.972 544.662 644.502 875.532 349.82
EBIT1 485.601 573.931 629.701 736.091 272.38
Net earnings1 152.951 224.041 273.051 350.45974.49
Shareholders equity total3 951.883 925.913 998.964 349.413 323.91
Balance sheet total (assets)8 281.257 144.659 002.558 157.227 483.70
Net debt-3 287.94-1 680.98-1 422.12-2 413.90-1 037.10
Profitability
EBIT-%
ROA18.4 %20.6 %20.4 %20.7 %17.3 %
ROE27.9 %31.1 %32.1 %32.4 %25.4 %
ROI27.9 %32.8 %33.5 %33.0 %26.1 %
Economic value added (EVA)1 102.091 212.711 177.331 232.79904.49
Solvency
Equity ratio47.7 %54.9 %44.4 %53.3 %44.4 %
Gearing9.4 %10.5 %5.2 %5.3 %9.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.41.51.91.5
Current ratio1.91.81.72.21.9
Cash and cash equivalents3 659.522 092.621 629.422 643.471 364.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.4%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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