VOLSTEDGAARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VOLSTEDGAARD A/S
VOLSTEDGAARD A/S (CVR number: 15539402) is a company from AALBORG. The company recorded a gross profit of -253.5 kDKK in 2023. The operating profit was -1576.9 kDKK, while net earnings were -1306.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.9 %, which can be considered poor and Return on Equity (ROE) was -19 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. VOLSTEDGAARD A/S's liquidity measured by quick ratio was 4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 065.67 | 1 554.56 | 1 897.52 | 1 418.59 | - 253.51 |
EBIT | - 538.87 | 145.64 | 452.83 | 43.66 | -1 576.94 |
Net earnings | - 459.52 | 90.53 | 448.56 | -15.47 | -1 306.92 |
Shareholders equity total | 5 495.78 | 5 586.31 | 6 034.87 | 6 019.41 | 7 712.49 |
Balance sheet total (assets) | 9 040.08 | 9 344.53 | 10 042.00 | 9 910.96 | 9 838.28 |
Net debt | 2 608.22 | 2 932.11 | 2 765.91 | 3 230.24 | 1 636.39 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.2 % | 2.0 % | 6.1 % | 0.4 % | -15.9 % |
ROE | -8.0 % | 1.6 % | 7.7 % | -0.3 % | -19.0 % |
ROI | -5.5 % | 2.1 % | 6.7 % | 0.5 % | -16.7 % |
Economic value added (EVA) | - 744.15 | - 173.35 | 78.23 | - 267.79 | -1 537.45 |
Solvency | |||||
Equity ratio | 60.9 % | 59.9 % | 60.2 % | 60.9 % | 78.4 % |
Gearing | 51.8 % | 52.5 % | 52.6 % | 57.7 % | 21.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.5 | 1.5 | 3.7 | 8.0 | 4.0 |
Current ratio | 8.4 | 3.2 | 8.0 | 17.2 | 8.1 |
Cash and cash equivalents | 240.16 | 405.87 | 242.39 | 0.40 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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