VIKINGDANMARK — Credit Rating and Financial Key Figures

VIKINGDANMARK (CVR number: 54334915) is a company from AARHUS. The company reported a net sales of 601.7 mDKK in 2023, demonstrating a growth of 5.7 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 6.1 mDKK), while net earnings were 16.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.1 %, 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 1.4 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.