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Vokan ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vokan ApS
Vokan ApS (CVR number: 32357008) is a company from ODENSE. The company reported a net sales of 0.6 mDKK in 2024, demonstrating a decline of -17.7 % compared to the previous year. The operating profit percentage was at 23.5 % (EBIT: 0.1 mDKK), while net earnings were 118.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.2 %, which can be considered excellent and Return on Equity (ROE) was 46.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.9 %, 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. Vokan ApS's liquidity measured by quick ratio was 2.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 547.51 | 592.26 | 735.24 | 728.33 | 599.24 |
| Gross profit | 333.45 | 394.18 | 446.13 | 414.92 | 368.94 |
| EBIT | 116.69 | 62.94 | 2.08 | 166.86 | 140.69 |
| Net earnings | 83.92 | 44.30 | -0.18 | 127.57 | 118.31 |
| Shareholders equity total | 217.39 | 171.69 | 131.50 | 259.07 | 247.39 |
| Balance sheet total (assets) | 599.41 | 532.21 | 454.99 | 413.72 | 381.13 |
| Net debt | - 323.69 | -38.61 | - 255.77 | - 413.72 | - 313.48 |
| Profitability | |||||
| EBIT-% | 21.3 % | 10.6 % | 0.3 % | 22.9 % | 23.5 % |
| ROA | 18.5 % | 11.1 % | 0.4 % | 39.2 % | 38.2 % |
| ROE | 36.4 % | 22.8 % | -0.1 % | 65.3 % | 46.7 % |
| ROI | 23.9 % | 15.2 % | 0.6 % | 58.6 % | 56.8 % |
| Economic value added (EVA) | 65.52 | 25.55 | -16.02 | 112.99 | 96.60 |
| Solvency | |||||
| Equity ratio | 36.3 % | 32.3 % | 28.9 % | 62.6 % | 64.9 % |
| Gearing | 115.3 % | 109.8 % | 144.5 % | 11.3 % | |
| Relative net indebtedness % | -35.1 % | 22.5 % | -16.6 % | -35.6 % | -34.7 % |
| Liquidity | |||||
| Quick ratio | 1.7 | 1.5 | 1.4 | 3.1 | 2.8 |
| Current ratio | 1.7 | 1.5 | 1.4 | 3.1 | 2.8 |
| Cash and cash equivalents | 574.32 | 227.17 | 445.85 | 413.72 | 341.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 43.8 % | 29.0 % | 17.9 % | 38.3 % | 41.3 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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