VOSS DEVELOPMENT A/S — Credit Rating and Financial Key Figures

CVR number: 28320884
Solvangsvej 12, 4681 Herfølge

Company information

Official name
VOSS DEVELOPMENT A/S
Personnel
1 person
Established
2005
Company form
Limited company
Industry

About VOSS DEVELOPMENT A/S

VOSS DEVELOPMENT A/S (CVR number: 28320884) is a company from KØGE. The company recorded a gross profit of 207.3 kDKK in 2023. The operating profit was 183.7 kDKK, while net earnings were 3165.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.4 %, which can be considered excellent and Return on Equity (ROE) was 52.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.2 %, 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 13.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit261.06265.72272.01240.40207.35
EBIT-97.02- 123.33- 118.4544.06183.72
Net earnings282.231 231.93- 395.351 617.293 165.24
Shareholders equity total2 037.363 269.292 873.944 491.237 656.47
Balance sheet total (assets)8 576.1811 346.9110 880.5412 903.9916 580.80
Net debt648.49-1 027.51- 504.04-2 324.17-6 137.98
Profitability
EBIT-%
ROA5.5 %17.6 %1.3 %21.2 %28.4 %
ROE14.9 %46.4 %-12.9 %43.9 %52.1 %
ROI5.7 %18.4 %1.4 %22.3 %30.4 %
Economic value added (EVA)-13.8049.83139.11269.93409.80
Solvency
Equity ratio23.8 %28.8 %26.4 %34.8 %46.2 %
Gearing293.0 %218.2 %252.5 %165.3 %95.2 %
Relative net indebtedness %
Liquidity
Quick ratio14.619.610.011.613.5
Current ratio14.619.610.011.613.5
Cash and cash equivalents5 320.408 159.947 760.949 750.1913 426.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:28.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.2%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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