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VOSS DEVELOPMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VOSS DEVELOPMENT A/S
VOSS DEVELOPMENT A/S (CVR number: 28320884) is a company from KØGE. The company recorded a gross profit of 201.6 kDKK in 2024. The operating profit was 178.6 kDKK, while net earnings were -517.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was -7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VOSS DEVELOPMENT A/S's liquidity measured by quick ratio was 8.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 265.72 | 272.01 | 240.40 | 207.35 | 201.64 |
| EBIT | - 123.33 | - 118.45 | 44.06 | 183.72 | 178.57 |
| Net earnings | 1 231.93 | - 395.35 | 1 617.29 | 3 165.24 | - 517.91 |
| Shareholders equity total | 3 269.29 | 2 873.94 | 4 491.23 | 7 656.47 | 7 138.56 |
| Balance sheet total (assets) | 11 346.91 | 10 880.54 | 12 903.99 | 16 580.80 | 15 582.42 |
| Net debt | -1 027.51 | - 504.04 | -2 324.17 | -6 137.98 | -5 127.52 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.6 % | 1.3 % | 21.2 % | 28.4 % | 13.4 % |
| ROE | 46.4 % | -12.9 % | 43.9 % | 52.1 % | -7.0 % |
| ROI | 18.4 % | 1.4 % | 22.3 % | 30.4 % | 14.4 % |
| Economic value added (EVA) | - 513.34 | - 632.74 | - 485.91 | - 469.22 | - 626.25 |
| Solvency | |||||
| Equity ratio | 28.8 % | 26.4 % | 34.8 % | 46.2 % | 45.8 % |
| Gearing | 218.2 % | 252.5 % | 165.3 % | 95.2 % | 100.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 19.6 | 10.0 | 11.6 | 13.5 | 8.2 |
| Current ratio | 19.6 | 10.0 | 11.6 | 13.5 | 8.2 |
| Cash and cash equivalents | 8 159.94 | 7 760.94 | 9 750.19 | 13 426.98 | 12 298.33 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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