VORES SOL NAKSKOV V K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORES SOL NAKSKOV V K/S
VORES SOL NAKSKOV V K/S (CVR number: 35043764) is a company from GLADSAXE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -7.6 % compared to the previous year. The operating profit percentage was at 52 % (EBIT: 0.4 mDKK), while net earnings were 201.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.1 %, 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. VORES SOL NAKSKOV V K/S's liquidity measured by quick ratio was 14.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 718.19 | 793.21 | 722.86 | 798.69 | 737.93 |
Gross profit | 633.57 | 723.47 | 656.31 | 730.66 | 649.18 |
EBIT | 368.01 | 457.91 | 390.75 | 465.10 | 383.62 |
Net earnings | 66.27 | 177.53 | 141.41 | 250.32 | 201.07 |
Shareholders equity total | 586.73 | 764.26 | 905.67 | 1 155.99 | 1 357.06 |
Balance sheet total (assets) | 4 707.83 | 4 396.24 | 4 050.48 | 3 851.45 | 3 150.26 |
Net debt | 2 436.44 | 2 048.12 | 1 714.59 | 1 227.38 | 937.41 |
Profitability | |||||
EBIT-% | 51.2 % | 57.7 % | 54.1 % | 58.2 % | 52.0 % |
ROA | 8.2 % | 10.1 % | 9.3 % | 11.8 % | 11.0 % |
ROE | 12.0 % | 26.3 % | 16.9 % | 24.3 % | 16.0 % |
ROI | 8.3 % | 10.2 % | 9.3 % | 12.8 % | 12.7 % |
Economic value added (EVA) | 125.30 | 246.22 | 169.37 | 234.14 | 145.37 |
Solvency | |||||
Equity ratio | 12.5 % | 17.4 % | 22.4 % | 30.0 % | 43.1 % |
Gearing | 560.0 % | 377.1 % | 276.0 % | 183.2 % | 103.7 % |
Relative net indebtedness % | 455.5 % | 352.7 % | 326.5 % | 226.1 % | 179.4 % |
Liquidity | |||||
Quick ratio | 18.1 | 28.8 | 39.2 | 18.4 | 14.1 |
Current ratio | 18.1 | 28.8 | 39.2 | 18.4 | 14.1 |
Cash and cash equivalents | 849.45 | 834.02 | 784.90 | 889.96 | 469.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.0 | 4.7 | 4.5 | 1.0 | |
Net working capital % | 114.7 % | 104.0 % | 108.1 % | 106.2 % | 61.6 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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