VERIZON DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VERIZON DENMARK A/S
VERIZON DENMARK A/S (CVR number: 17889087) is a company from ALBERTSLUND. The company reported a net sales of 95.4 mDKK in 2024, demonstrating a decline of -6.9 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 4 mDKK), while net earnings were 26.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VERIZON DENMARK A/S's liquidity measured by quick ratio was 24.5 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 93.44 | 104.81 | 109.74 | 102.50 | 95.42 |
Gross profit | 32.40 | 31.15 | 30.22 | 30.17 | 31.56 |
EBIT | 4.25 | 4.84 | 5.03 | 4.61 | 4.04 |
Net earnings | -12.60 | 20.49 | 27.38 | 19.30 | 26.39 |
Shareholders equity total | 249.24 | 269.73 | 297.11 | 316.41 | 342.80 |
Balance sheet total (assets) | 291.52 | 317.19 | 320.56 | 337.40 | 357.99 |
Net debt | 8.47 | -3.75 | -6.42 | -6.15 | |
Profitability | |||||
EBIT-% | 4.5 % | 4.6 % | 4.6 % | 4.5 % | 4.2 % |
ROA | 1.5 % | 7.1 % | 7.7 % | 6.6 % | 9.8 % |
ROE | -4.9 % | 7.9 % | 9.7 % | 6.3 % | 8.0 % |
ROI | 1.5 % | 7.6 % | 8.4 % | 7.0 % | 10.3 % |
Economic value added (EVA) | -8.91 | -7.66 | -8.46 | -8.75 | -12.47 |
Solvency | |||||
Equity ratio | 100.0 % | 84.8 % | 92.4 % | 93.6 % | 95.6 % |
Gearing | 4.5 % | 0.0 % | |||
Relative net indebtedness % | 41.8 % | 17.9 % | 14.2 % | 9.5 % | |
Liquidity | |||||
Quick ratio | 6.4 | 13.6 | 16.1 | 24.5 | |
Current ratio | 6.4 | 13.6 | 16.1 | 24.5 | |
Cash and cash equivalents | 3.69 | 3.82 | 6.42 | 6.15 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 75.3 | 81.3 | 88.2 | 83.5 | |
Net working capital % | 238.7 % | 254.3 % | 291.1 % | 338.4 % | |
Credit risk | |||||
Credit rating | BBB | AA | AA | AA | AA |
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