Volare ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Volare ApS
Volare ApS (CVR number: 38303945) is a company from FREDERIKSBERG. The company recorded a gross profit of 408.3 kDKK in 2024. The operating profit was -163.1 kDKK, while net earnings were 188.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Volare ApS's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.08 | -10 670.00 | -5.20 | 430.88 | 408.26 |
EBIT | -4.08 | -10 670.00 | - 140.14 | 19.55 | - 163.13 |
Net earnings | 1 075.35 | -52 769.00 | 200.40 | - 173.85 | 188.62 |
Shareholders equity total | 1 080.09 | 1 027 318.00 | 1 227.72 | 936.06 | 1 124.68 |
Balance sheet total (assets) | 2 315.28 | 2 610 025.00 | 2 937.62 | 3 087.19 | 3 197.81 |
Net debt | 1 179.42 | 1 042 017.00 | 1 365.37 | - 192.12 | - 152.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 92.2 % | -1.8 % | 0.0 % | -4.0 % | 10.2 % |
ROE | 198.3 % | -10.3 % | 0.0 % | -16.1 % | 18.3 % |
ROI | 93.1 % | -1.8 % | 0.0 % | -6.5 % | 31.0 % |
Economic value added (EVA) | -4.65 | -10 786.13 | - 120 006.84 | - 116.52 | - 210.17 |
Solvency | |||||
Equity ratio | 46.7 % | 39.4 % | 41.8 % | 30.3 % | 35.2 % |
Gearing | 114.0 % | 132.2 % | 120.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.0 | 0.9 | 1.1 |
Current ratio | 1.0 | 1.1 | 1.0 | 0.9 | 1.1 |
Cash and cash equivalents | 51.53 | 316 072.00 | 114.91 | 192.12 | 152.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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