VIKINGGENETICS FMBA — Credit Rating and Financial Key Figures

CVR number: 31474574
Ebeltoftvej 16, Drastrup 8960 Randers SØ
nijen@vikinggenetics.com
tel: 87959401

Company information

Official name
VIKINGGENETICS FMBA
Personnel
166 persons
Established
2008
Domicile
Drastrup
Industry

About VIKINGGENETICS FMBA

VIKINGGENETICS FMBA (CVR number: 31474574K) is a company from RANDERS. The company reported a net sales of 35.3 mEUR in 2023, demonstrating a growth of 1.4 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 0.5 mEUR), while net earnings were 658 kEUR. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VIKINGGENETICS FMBA's liquidity measured by quick ratio was 3.7 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 financials

Net sales (mEUR)

EBIT (mEUR)

Profitability

Solidity

Key figures (mEUR)

See financials
2019
2020
2021
2022
2023
Volume
Net sales31.9633.4134.4834.7835.25
Gross profit12.9713.734.7513.3914.09
EBIT-0.000.46-9.730.580.46
Net earnings-0.090.10-9.520.360.66
Shareholders equity total43.8244.2734.5334.5935.04
Balance sheet total (assets)47.7549.8138.2139.1640.06
Net debt-5.84-8.73-5.81-4.96-6.72
Profitability
EBIT-%-0.0 %1.4 %-28.2 %1.7 %1.3 %
ROA0.1 %1.0 %-21.0 %1.7 %2.0 %
ROE-0.2 %0.2 %-24.2 %1.1 %1.9 %
ROI0.1 %1.1 %-23.3 %1.9 %2.2 %
Economic value added (EVA)-1.97-1.64-11.69-0.95-1.08
Solvency
Equity ratio91.8 %88.9 %90.4 %88.3 %87.5 %
Gearing0.1 %1.5 %0.3 %0.4 %0.0 %
Relative net indebtedness %-6.5 %-11.6 %-6.5 %-1.5 %-4.9 %
Liquidity
Quick ratio3.73.15.03.83.7
Current ratio6.85.36.45.15.0
Cash and cash equivalents5.899.405.915.086.73
Capital use efficiency
Trade debtors turnover (days)80.172.079.080.5111.8
Net working capital %69.2 %71.5 %57.1 %53.2 %56.8 %
Credit risk
Credit ratingAAABBBAAAA

Variable visualization

ROA:1.96%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.5%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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