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

CVR number: 56147713
Højager 7, Høje Taastrup 2630 Taastrup
okonomi@volvo.com
tel: 43555979

Company information

Official name
VOLVO DANMARK A/S
Personnel
427 persons
Established
1955
Domicile
Høje Taastrup
Company form
Limited company
Industry

About VOLVO DANMARK A/S

VOLVO DANMARK A/S (CVR number: 56147713) is a company from Høje-Taastrup. The company reported a net sales of 2464.8 mDKK in 2024, demonstrating a decline of -8 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 69.9 mDKK), while net earnings were 58.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VOLVO DANMARK A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales957.001 113.001 714.002 679.172 464.85
Gross profit248.00247.00294.00387.79406.51
EBIT29.0044.0068.0072.3069.87
Net earnings22.0050.0068.0063.2958.72
Shareholders equity total155.00190.00213.00210.87209.59
Balance sheet total (assets)633.00689.001 168.001 314.241 207.63
Net debt140.9269.19
Profitability
EBIT-%3.0 %4.0 %4.0 %2.7 %2.8 %
ROA4.4 %6.7 %7.3 %7.0 %6.5 %
ROE15.3 %29.0 %33.7 %29.9 %27.9 %
ROI4.4 %6.7 %7.3 %9.6 %14.0 %
Economic value added (EVA)22.3236.2158.4545.1820.76
Solvency
Equity ratio100.0 %100.0 %100.0 %17.0 %18.8 %
Gearing66.8 %33.0 %
Relative net indebtedness %27.8 %27.3 %
Liquidity
Quick ratio0.50.6
Current ratio0.80.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)17.818.2
Net working capital %-5.0 %-6.4 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:6.52%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.8%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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