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 0.7 mDKK in 2023, demonstrating a decline of -0.9 % compared to the previous year. The operating profit percentage was at 22.9 % (EBIT: 0.2 mDKK), while net earnings were 127.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.2 %, which can be considered excellent and Return on Equity (ROE) was 65.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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 3.1 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 | 658.61 | 547.51 | 592.26 | 735.24 | 728.33 |
Gross profit | 437.26 | 333.45 | 394.18 | 446.13 | 414.92 |
EBIT | 157.42 | 116.69 | 62.94 | 2.08 | 166.86 |
Net earnings | 116.49 | 83.92 | 44.30 | -0.18 | 127.57 |
Shareholders equity total | 243.47 | 217.39 | 171.69 | 131.50 | 259.07 |
Balance sheet total (assets) | 661.99 | 599.41 | 532.21 | 454.99 | 413.72 |
Net debt | - 398.36 | - 323.69 | -38.61 | - 255.77 | - 413.72 |
Profitability | |||||
EBIT-% | 23.9 % | 21.3 % | 10.6 % | 0.3 % | 22.9 % |
ROA | 25.7 % | 18.5 % | 11.1 % | 0.4 % | 39.2 % |
ROE | 62.9 % | 36.4 % | 22.8 % | -0.1 % | 65.3 % |
ROI | 33.7 % | 23.9 % | 15.2 % | 0.6 % | 58.6 % |
Economic value added (EVA) | 144.78 | 112.03 | 67.01 | 4.87 | 144.95 |
Solvency | |||||
Equity ratio | 36.8 % | 36.3 % | 32.3 % | 28.9 % | 62.6 % |
Gearing | 108.3 % | 115.3 % | 109.8 % | 144.5 % | |
Relative net indebtedness % | -37.0 % | -35.1 % | 22.5 % | -16.6 % | -35.6 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.7 | 1.5 | 1.4 | 3.1 |
Current ratio | 1.7 | 1.7 | 1.5 | 1.4 | 3.1 |
Cash and cash equivalents | 661.99 | 574.32 | 227.17 | 445.85 | 413.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 42.0 % | 43.8 % | 29.0 % | 17.9 % | 38.3 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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