VOLVO DANMARK A/S — Credit Rating and Financial Key Figures

VOLVO DANMARK A/S (CVR number: 56147713) is a company from Høje-Taastrup. The company reported a net sales of 2679.2 mDKK in 2023, demonstrating a growth of 56.3 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 72.3 mDKK), while net earnings were 63.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25 %, 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. VOLVO DANMARK A/S's liquidity measured by quick ratio was 1.6 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.