VORES SOL NAKSKOV VI K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORES SOL NAKSKOV VI K/S
VORES SOL NAKSKOV VI K/S (CVR number: 35043772) is a company from GLADSAXE. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 0.4 % compared to the previous year. The operating profit percentage was at 55.8 % (EBIT: 0.4 mDKK), while net earnings were 248.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 21.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.5 %, 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. VORES SOL NAKSKOV VI K/S's liquidity measured by quick ratio was 14.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 728.64 | 795.05 | 722.08 | 783.79 | 787.04 |
Gross profit | 641.12 | 712.71 | 650.94 | 712.28 | 704.70 |
EBIT | 375.56 | 447.15 | 385.37 | 446.72 | 439.14 |
Net earnings | 71.45 | 162.64 | 129.28 | 224.14 | 248.55 |
Shareholders equity total | 522.94 | 685.58 | 814.87 | 1 039.01 | 1 287.55 |
Balance sheet total (assets) | 4 680.30 | 4 395.21 | 4 058.16 | 3 858.41 | 3 181.22 |
Net debt | 2 503.13 | 2 111.80 | 1 790.22 | 1 307.45 | 983.69 |
Profitability | |||||
EBIT-% | 51.5 % | 56.2 % | 53.4 % | 57.0 % | 55.8 % |
ROA | 8.4 % | 9.9 % | 9.2 % | 11.3 % | 12.5 % |
ROE | 14.7 % | 26.9 % | 17.2 % | 24.2 % | 21.4 % |
ROI | 8.5 % | 10.0 % | 9.2 % | 12.3 % | 14.6 % |
Economic value added (EVA) | 134.87 | 236.74 | 167.35 | 220.41 | 206.95 |
Solvency | |||||
Equity ratio | 11.2 % | 15.6 % | 20.1 % | 26.9 % | 40.5 % |
Gearing | 633.8 % | 428.0 % | 316.2 % | 211.8 % | 115.4 % |
Relative net indebtedness % | 459.2 % | 363.2 % | 340.2 % | 245.7 % | 176.8 % |
Liquidity | |||||
Quick ratio | 16.9 | 19.9 | 36.2 | 13.2 | 14.2 |
Current ratio | 16.9 | 19.9 | 36.2 | 13.2 | 14.2 |
Cash and cash equivalents | 811.08 | 822.17 | 786.62 | 893.55 | 501.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.0 | 4.8 | 4.5 | 0.9 | |
Net working capital % | 107.8 % | 101.0 % | 108.4 % | 106.3 % | 61.4 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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