VORDINGBORG SPILDEVAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORDINGBORG SPILDEVAND A/S
VORDINGBORG SPILDEVAND A/S (CVR number: 30692438) is a company from VORDINGBORG. The company reported a net sales of 86.7 mDKK in 2024, demonstrating a growth of 5.1 % compared to the previous year. The operating profit percentage was at 19.2 % (EBIT: 16.7 mDKK), while net earnings were 16.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VORDINGBORG SPILDEVAND A/S's liquidity measured by quick ratio was 5.6 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 | 73.62 | 93.10 | 74.34 | 82.48 | 86.72 |
Gross profit | 38.71 | 59.17 | 32.45 | 44.73 | 42.85 |
EBIT | 13.44 | 36.97 | 8.85 | 19.80 | 16.66 |
Net earnings | 4.09 | 39.57 | 15.17 | 20.75 | 16.38 |
Shareholders equity total | 751.40 | 790.97 | 806.14 | 826.89 | 843.27 |
Balance sheet total (assets) | 824.69 | 859.95 | 876.35 | 888.72 | 899.46 |
Net debt | 28.16 | 14.34 | 10.01 | -12.90 | -7.12 |
Profitability | |||||
EBIT-% | 18.2 % | 39.7 % | 11.9 % | 24.0 % | 19.2 % |
ROA | 1.6 % | 4.4 % | 1.0 % | 2.4 % | 2.1 % |
ROE | 0.5 % | 5.1 % | 1.9 % | 2.5 % | 2.0 % |
ROI | 1.6 % | 4.4 % | 1.0 % | 2.4 % | 2.1 % |
Economic value added (EVA) | -32.65 | 2.01 | -36.38 | -21.69 | -27.47 |
Solvency | |||||
Equity ratio | 91.1 % | 92.0 % | 92.0 % | 93.0 % | 93.8 % |
Gearing | 8.4 % | 7.3 % | 6.9 % | 6.2 % | 5.7 % |
Relative net indebtedness % | 51.7 % | 27.1 % | 33.4 % | -3.0 % | 1.4 % |
Liquidity | |||||
Quick ratio | 3.1 | 5.4 | 4.3 | 5.6 | 5.6 |
Current ratio | 3.1 | 5.4 | 4.3 | 5.6 | 5.6 |
Cash and cash equivalents | 35.23 | 43.74 | 45.40 | 64.29 | 54.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 89.3 | 142.9 | 164.5 | 91.8 | 97.5 |
Net working capital % | 52.1 % | 80.8 % | 94.4 % | 92.0 % | 75.9 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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