Volare ApS — Credit Rating and Financial Key Figures

CVR number: 38303945
Bianco Lunos Alle 5 A, 1868 Frederiksberg C
pthomsen@live.dk
tel: 23232081

Credit rating

Company information

Official name
Volare ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.08-10 670.00-5.20430.88408.26
EBIT-4.08-10 670.00- 140.1419.55- 163.13
Net earnings1 075.35-52 769.00200.40- 173.85188.62
Shareholders equity total1 080.091 027 318.001 227.72936.061 124.68
Balance sheet total (assets)2 315.282 610 025.002 937.623 087.193 197.81
Net debt1 179.421 042 017.001 365.37- 192.12- 152.19
Profitability
EBIT-%
ROA92.2 %-1.8 %0.0 %-4.0 %10.2 %
ROE198.3 %-10.3 %0.0 %-16.1 %18.3 %
ROI93.1 %-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 ratio46.7 %39.4 %41.8 %30.3 %35.2 %
Gearing114.0 %132.2 %120.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.00.91.1
Current ratio1.01.11.00.91.1
Cash and cash equivalents51.53316 072.00114.91192.12152.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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