VORES SOL A8 K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORES SOL A8 K/S
VORES SOL A8 K/S (CVR number: 35047794) is a company from GLADSAXE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -8.2 % compared to the previous year. The operating profit percentage was at 50.4 % (EBIT: 0.3 mDKK), while net earnings were 221.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VORES SOL A8 K/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 515.13 | 571.95 | 522.04 | 574.73 | 527.73 |
Gross profit | 481.24 | 533.51 | 493.59 | 539.12 | 482.11 |
EBIT | 265.08 | 317.35 | 277.43 | 323.25 | 266.23 |
Net earnings | 206.15 | 267.29 | 244.86 | 293.87 | 221.69 |
Shareholders equity total | 2 044.86 | 2 037.15 | 2 097.01 | 2 240.88 | 2 242.57 |
Balance sheet total (assets) | 4 020.98 | 3 710.81 | 3 465.16 | 3 371.22 | 3 023.86 |
Net debt | 1 411.20 | 1 213.54 | 949.95 | 529.19 | 339.84 |
Profitability | |||||
EBIT-% | 51.5 % | 55.5 % | 53.1 % | 56.2 % | 50.4 % |
ROA | 6.5 % | 8.2 % | 7.7 % | 9.5 % | 8.3 % |
ROE | 10.6 % | 13.1 % | 11.8 % | 13.5 % | 9.9 % |
ROI | 6.6 % | 8.3 % | 7.8 % | 9.6 % | 8.5 % |
Economic value added (EVA) | 59.62 | 116.61 | 92.15 | 150.03 | 100.87 |
Solvency | |||||
Equity ratio | 50.9 % | 54.9 % | 60.5 % | 66.5 % | 74.2 % |
Gearing | 95.4 % | 81.0 % | 64.4 % | 46.9 % | 33.4 % |
Relative net indebtedness % | 279.0 % | 216.3 % | 185.4 % | 106.1 % | 70.3 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.4 | 1.3 | 1.4 | 1.2 |
Current ratio | 1.7 | 1.4 | 1.3 | 1.4 | 1.2 |
Cash and cash equivalents | 538.80 | 436.46 | 400.05 | 520.81 | 410.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.1 | 8.1 | 13.7 | 13.2 | -0.0 |
Net working capital % | 42.1 % | 21.9 % | 19.5 % | 28.1 % | 14.9 % |
Credit risk | |||||
Credit rating | A | AA | A | A | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.