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
Free credit report Annual report

Company information

Official name
A/S VIKING RUBBER COMPANY. FAABORG
Personnel
13 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 1490.2 kDKK in 2024. The operating profit was -4619.2 kDKK, while net earnings were -4684.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -35.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. A/S VIKING RUBBER COMPANY. FAABORG's liquidity measured by quick ratio was 0.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit13 486.644 473.476 536.438 083.501 490.25
EBIT8 297.77- 821.901 022.882 816.05-4 619.18
Net earnings5 949.3381.171 333.132 193.19-4 684.25
Shareholders equity total15 536.8112 961.2914 058.8816 022.7910 338.15
Balance sheet total (assets)34 807.9741 112.2244 120.7532 409.1236 477.67
Net debt13 614.3821 702.6021 787.8711 796.8818 989.55
Profitability
EBIT-%
ROA24.4 %1.2 %7.1 %9.7 %-9.1 %
ROE47.2 %0.6 %9.9 %14.6 %-35.5 %
ROI26.8 %1.3 %8.5 %11.1 %-10.3 %
Economic value added (EVA)5 118.72-2 131.34-1 049.28595.29-5 833.22
Solvency
Equity ratio44.7 %31.6 %32.7 %49.7 %29.2 %
Gearing94.3 %168.8 %155.0 %85.8 %186.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.20.10.30.1
Current ratio1.71.31.31.61.1
Cash and cash equivalents1 029.43170.327.061 952.97261.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABB

Variable visualization

ROA:-9.10%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.