Votech A/S — Credit Rating and Financial Key Figures

CVR number: 41921293
Østervang 52, Frøslev 7900 Nykøbing M
Free credit report Annual report

Company information

Official name
Votech A/S
Personnel
6 persons
Established
2020
Domicile
Frøslev
Company form
Limited company
Industry

About Votech A/S

Votech A/S (CVR number: 41921293) is a company from MORSØ. The company recorded a gross profit of 6129.8 kDKK in 2024. The operating profit was 2306 kDKK, while net earnings were 1632.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.9 %, which can be considered excellent and Return on Equity (ROE) was 40.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.3 %, 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. Votech A/S's liquidity measured by quick ratio was 0.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit959.112 635.325 523.043 607.766 129.83
EBIT290.71820.872 620.71283.122 306.04
Net earnings270.69598.101 907.4466.031 632.91
Shareholders equity total672.691 270.793 178.233 244.264 877.18
Balance sheet total (assets)3 880.329 830.818 721.469 630.529 701.84
Net debt441.473 209.46- 524.672 063.011 390.36
Profitability
EBIT-%
ROA7.5 %12.0 %28.3 %3.1 %23.9 %
ROE40.2 %61.5 %85.7 %2.1 %40.2 %
ROI19.6 %29.1 %63.7 %5.9 %36.9 %
Economic value added (EVA)303.12632.721 798.2512.941 505.61
Solvency
Equity ratio17.3 %12.9 %36.4 %33.7 %50.3 %
Gearing90.4 %252.6 %19.9 %63.6 %28.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.90.70.80.6
Current ratio1.21.11.61.62.3
Cash and cash equivalents166.631 156.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBA

Variable visualization

ROA:23.9%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.3%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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