VORDINGBORG INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORDINGBORG INVEST A/S
VORDINGBORG INVEST A/S (CVR number: 21594008) is a company from ESBJERG. The company recorded a gross profit of -11.5 kDKK in 2023. The operating profit was -11.5 kDKK, while net earnings were 791.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VORDINGBORG INVEST A/S's liquidity measured by quick ratio was 545.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -9.00 | -9.25 | -37.86 | -12.83 | -11.50 |
| EBIT | -9.00 | -91.41 | - 145.86 | -12.83 | -11.50 |
| Net earnings | -19.27 | 307.41 | 769.35 | - 630.84 | 791.91 |
| Shareholders equity total | 5 529.50 | 5 836.91 | 6 606.26 | 4 975.42 | 5 767.33 |
| Balance sheet total (assets) | 5 541.62 | 5 864.82 | 6 624.74 | 4 986.01 | 5 777.91 |
| Net debt | -3 621.52 | -2 967.22 | -6 268.40 | -4 600.74 | -5 565.13 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.9 % | 7.0 % | 16.1 % | 2.1 % | 18.9 % |
| ROE | -0.3 % | 5.4 % | 12.4 % | -10.9 % | 14.7 % |
| ROI | 1.9 % | 7.0 % | 16.2 % | 2.1 % | 18.9 % |
| Economic value added (EVA) | -98.79 | - 167.19 | - 257.89 | -27.03 | -27.86 |
| Solvency | |||||
| Equity ratio | 99.8 % | 99.5 % | 99.7 % | 99.8 % | 99.8 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 457.2 | 210.1 | 358.4 | 471.0 | 545.9 |
| Current ratio | 457.2 | 210.1 | 358.4 | 471.0 | 545.9 |
| Cash and cash equivalents | 3 621.52 | 2 967.22 | 6 268.40 | 4 600.74 | 5 565.13 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | BBB | A |
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