VIKINGDANMARK — Credit Rating and Financial Key Figures

VIKINGDANMARK (CVR number: 54334915K) is a company from AARHUS. The company reported a net sales of 741.5 mDKK in 2023, demonstrating a growth of 8 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 8.2 mDKK), while net earnings were 19.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VIKINGDANMARK's liquidity measured by quick ratio was 1.3 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.