A/S VIKING RUBBER COMPANY. FAABORG — Credit Rating and Financial Key Figures

CVR number: 43929615
Johan Rantzaus Vej 6, 5600 Faaborg
mail@viking-rubber.dk
tel: 62618619
www.viking-rubber.dk
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Company information

Official name
A/S VIKING RUBBER COMPANY. FAABORG
Personnel
10 persons
Established
1971
Company form
Limited company
Industry

About A/S VIKING RUBBER COMPANY. FAABORG

A/S VIKING RUBBER COMPANY. FAABORG (CVR number: 43929615) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 8083.5 kDKK in 2023. The operating profit was 2816 kDKK, while net earnings were 2193.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. A/S VIKING RUBBER COMPANY. FAABORG's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 839.4113 486.644 473.476 536.438 083.50
EBIT1 855.728 297.77- 821.901 022.882 816.05
Net earnings2 191.565 949.3381.171 333.132 193.19
Shareholders equity total9 691.2915 536.8112 961.2914 058.8816 022.79
Balance sheet total (assets)36 995.6834 807.9741 112.2244 120.7532 409.12
Net debt24 036.6413 614.3821 702.6021 787.8711 796.88
Profitability
EBIT-%
ROA9.1 %24.4 %1.2 %7.1 %9.7 %
ROE24.9 %47.2 %0.6 %9.9 %14.6 %
ROI9.8 %26.8 %1.3 %8.5 %11.1 %
Economic value added (EVA)1 760.126 627.24-1 109.13239.472 188.19
Solvency
Equity ratio26.2 %44.7 %31.6 %32.7 %49.7 %
Gearing252.5 %94.3 %168.8 %155.0 %85.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.50.20.10.3
Current ratio1.21.71.31.31.6
Cash and cash equivalents436.501 029.43170.327.061 952.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:9.70%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.7%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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