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VO DEVELOPMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VO DEVELOPMENT A/S
VO DEVELOPMENT A/S (CVR number: 27289827) is a company from AARHUS. The company recorded a gross profit of -13 kDKK in 2025. The operating profit was -13 kDKK, while net earnings were 73.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VO DEVELOPMENT A/S's liquidity measured by quick ratio was 19.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -7.72 | -14.21 | -6.89 | -7.00 | -12.96 |
| EBIT | -7.72 | -14.21 | -6.89 | -7.00 | -12.96 |
| Net earnings | 271.47 | - 137.78 | 163.04 | 15.63 | 73.78 |
| Shareholders equity total | 1 643.67 | 1 205.88 | 1 368.92 | 1 234.55 | 1 308.33 |
| Balance sheet total (assets) | 1 702.51 | 1 471.28 | 1 406.01 | 1 308.07 | 1 379.38 |
| Net debt | -1 388.19 | -1 132.52 | -1 326.83 | -1 284.58 | -1 371.76 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.0 % | 1.7 % | 14.7 % | 1.8 % | 7.2 % |
| ROE | 16.4 % | -9.7 % | 12.7 % | 1.2 % | 5.8 % |
| ROI | 19.5 % | 1.9 % | 16.4 % | 1.8 % | 7.6 % |
| Economic value added (EVA) | -90.58 | -93.80 | -65.97 | -74.47 | -72.70 |
| Solvency | |||||
| Equity ratio | 96.5 % | 82.0 % | 97.4 % | 94.4 % | 94.8 % |
| Gearing | 0.9 % | 0.6 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 28.9 | 5.5 | 37.9 | 17.8 | 19.4 |
| Current ratio | 28.9 | 5.5 | 37.9 | 17.8 | 19.4 |
| Cash and cash equivalents | 1 388.19 | 1 132.52 | 1 326.83 | 1 295.26 | 1 379.38 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | A | A | AA | AA |
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