VISITNORDSJÆLLAND F.M.B.A. — Credit Rating and Financial Key Figures
Credit rating
Company information
About VISITNORDSJÆLLAND F.M.B.A.
VISITNORDSJÆLLAND F.M.B.A. (CVR number: 32499171) is a company from FREDENSBORG. The company reported a net sales of 8.9 mDKK in 2023, demonstrating a decline of -4.9 % compared to the previous year. The operating profit percentage was at 0.4 % (EBIT: 0 mDKK), while net earnings were 3.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VISITNORDSJÆLLAND F.M.B.A.'s liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 12 204.26 | 11 368.02 | 8 843.09 | 9 377.79 | 8 920.49 |
Gross profit | 9 686.04 | 8 904.21 | 7 583.95 | 7 208.60 | 7 763.46 |
EBIT | 59.03 | 146.95 | 39.72 | 78.91 | 36.21 |
Net earnings | 24.82 | 84.34 | 8.49 | 40.38 | 3.92 |
Shareholders equity total | 619.49 | 703.83 | 712.33 | 752.71 | 756.63 |
Balance sheet total (assets) | 1 726.39 | 2 633.57 | 4 534.59 | 2 755.65 | 2 994.99 |
Net debt | -1 083.88 | - 762.83 | - 466.75 | -1 398.88 | -1 251.60 |
Profitability | |||||
EBIT-% | 0.5 % | 1.3 % | 0.4 % | 0.8 % | 0.4 % |
ROA | 3.0 % | 6.7 % | 1.1 % | 2.2 % | 1.4 % |
ROE | 4.1 % | 12.7 % | 1.2 % | 5.5 % | 0.5 % |
ROI | 9.9 % | 22.2 % | 5.6 % | 6.5 % | 2.2 % |
Economic value added (EVA) | 12.40 | 80.45 | -9.98 | 23.51 | -65.41 |
Solvency | |||||
Equity ratio | 35.9 % | 26.7 % | 15.7 % | 27.3 % | 25.3 % |
Gearing | 128.9 % | 148.5 % | |||
Relative net indebtedness % | 0.2 % | 10.3 % | 37.9 % | -3.9 % | -1.5 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.4 | 1.2 | 1.4 | 1.3 |
Current ratio | 1.6 | 1.4 | 1.2 | 1.4 | 1.3 |
Cash and cash equivalents | 1 083.88 | 762.83 | 466.75 | 2 368.79 | 2 375.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.5 | 1.1 | 94.3 | 2.0 | 4.7 |
Net working capital % | 5.1 % | 6.2 % | 8.1 % | 8.0 % | 8.5 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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