VORES SOL NAKSKOV XIV K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORES SOL NAKSKOV XIV K/S
VORES SOL NAKSKOV XIV K/S (CVR number: 35044558) is a company from GLADSAXE. The company reported a net sales of 0.5 mDKK in 2024, demonstrating a decline of -6 % compared to the previous year. The operating profit percentage was at 41.9 % (EBIT: 0.2 mDKK), while net earnings were 227.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VORES SOL NAKSKOV XIV K/S's liquidity measured by quick ratio was 6.7 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 | 573.19 | 515.42 | 580.48 | 550.42 | 517.12 |
Gross profit | 482.17 | 433.42 | 495.16 | 450.02 | 422.81 |
EBIT | 275.26 | 226.51 | 288.82 | 243.68 | 216.48 |
Net earnings | 264.92 | 224.70 | 297.76 | 231.02 | 227.11 |
Shareholders equity total | 1 625.42 | 1 850.12 | 2 147.88 | 4 831.60 | 5 058.71 |
Balance sheet total (assets) | 3 909.45 | 3 703.06 | 3 667.81 | 5 881.70 | 5 714.23 |
Net debt | 1 868.70 | 1 435.35 | 881.36 | 489.42 | 45.44 |
Profitability | |||||
EBIT-% | 48.0 % | 43.9 % | 49.8 % | 44.3 % | 41.9 % |
ROA | 8.4 % | 6.9 % | 9.2 % | 6.1 % | 4.6 % |
ROE | 17.5 % | 12.9 % | 14.9 % | 6.6 % | 4.6 % |
ROI | 8.5 % | 7.0 % | 9.3 % | 6.2 % | 4.7 % |
Economic value added (EVA) | 71.86 | 31.69 | 103.71 | 63.42 | -78.45 |
Solvency | |||||
Equity ratio | 41.6 % | 50.0 % | 58.6 % | 82.1 % | 88.5 % |
Gearing | 138.5 % | 99.1 % | 67.0 % | 21.5 % | 12.0 % |
Relative net indebtedness % | 331.7 % | 282.2 % | 165.7 % | 91.2 % | 18.1 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.2 | 6.8 | 6.7 |
Current ratio | 0.9 | 1.0 | 1.2 | 6.8 | 6.7 |
Cash and cash equivalents | 383.04 | 398.47 | 558.15 | 548.18 | 562.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.6 | 5.0 | 10.4 | 0.8 | 2.6 |
Net working capital % | -9.1 % | -3.2 % | 13.5 % | 465.0 % | 499.4 % |
Credit risk | |||||
Credit rating | A | A | AA | A | A |
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