VORES SOL NAKSKOV III K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORES SOL NAKSKOV III K/S
VORES SOL NAKSKOV III K/S (CVR number: 35043748) is a company from GLADSAXE. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a decline of -76.7 % compared to the previous year. The operating profit percentage was poor at -639.3 % (EBIT: -1.1 mDKK), while net earnings were -1239.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.2 %, which can be considered poor and Return on Equity (ROE) was -23.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. VORES SOL NAKSKOV III K/S's liquidity measured by quick ratio was 350.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 791.42 | 718.36 | 783.83 | 748.06 | 174.42 |
| Gross profit | 724.56 | 652.12 | 703.17 | 670.71 | 139.55 |
| EBIT | 459.00 | 386.56 | 437.60 | 405.15 | -1 115.09 |
| Net earnings | 184.74 | 143.59 | 229.12 | 227.86 | -1 239.92 |
| Shareholders equity total | 834.62 | 978.22 | 1 207.34 | 5 910.53 | 4 670.62 |
| Balance sheet total (assets) | 4 385.95 | 4 037.59 | 3 820.87 | 7 656.62 | 6 070.86 |
| Net debt | 1 991.75 | 1 657.00 | 1 195.27 | 863.46 | 925.24 |
| Profitability | |||||
| EBIT-% | 58.0 % | 53.8 % | 55.8 % | 54.2 % | -639.3 % |
| ROA | 10.2 % | 9.2 % | 11.2 % | 7.1 % | -16.2 % |
| ROE | 24.9 % | 15.8 % | 21.0 % | 6.4 % | -23.4 % |
| ROI | 10.3 % | 9.3 % | 12.1 % | 7.7 % | -17.1 % |
| Economic value added (EVA) | 265.16 | 202.94 | 266.25 | 241.34 | -1 480.92 |
| Solvency | |||||
| Equity ratio | 19.0 % | 24.2 % | 31.6 % | 77.2 % | 76.9 % |
| Gearing | 337.8 % | 248.6 % | 170.0 % | 23.2 % | 23.8 % |
| Relative net indebtedness % | 344.1 % | 318.0 % | 224.1 % | 165.7 % | 697.1 % |
| Liquidity | |||||
| Quick ratio | 31.1 | 40.2 | 18.1 | 147.1 | 350.4 |
| Current ratio | 31.1 | 40.2 | 18.1 | 147.1 | 350.4 |
| Cash and cash equivalents | 827.76 | 774.74 | 857.30 | 506.23 | 184.31 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 4.7 | 4.4 | 0.9 | 5.8 | |
| Net working capital % | 103.6 % | 107.4 % | 104.5 % | 663.3 % | 2666.7 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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