VORDINGBORG KØKKENET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORDINGBORG KØKKENET A/S
VORDINGBORG KØKKENET A/S (CVR number: 15502304) is a company from VORDINGBORG. The company reported a net sales of 419.7 mDKK in 2024, demonstrating a growth of 1.2 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 15.6 mDKK), while net earnings were 12.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 30.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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. VORDINGBORG KØKKENET A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 502.44 | 552.79 | 452.44 | 414.59 | 419.71 |
Gross profit | 502.44 | 552.79 | 452.44 | 191.72 | 194.73 |
EBIT | 65.23 | 75.14 | 36.39 | 21.06 | 15.62 |
Net earnings | 50.46 | 57.97 | 27.97 | 16.63 | 12.36 |
Shareholders equity total | 75.76 | 82.73 | 53.71 | 42.44 | 39.80 |
Balance sheet total (assets) | 175.04 | 169.70 | 137.97 | 125.34 | 118.38 |
Net debt | -16.19 | -23.23 | |||
Profitability | |||||
EBIT-% | 13.0 % | 13.6 % | 8.0 % | 5.1 % | 3.7 % |
ROA | 41.6 % | 43.6 % | 23.7 % | 16.7 % | 13.6 % |
ROE | 75.3 % | 73.2 % | 41.0 % | 34.6 % | 30.1 % |
ROI | 41.6 % | 43.6 % | 23.7 % | 22.6 % | 30.9 % |
Economic value added (EVA) | 62.30 | 71.34 | 32.24 | 13.80 | 11.27 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 44.5 % | 48.3 % |
Gearing | 15.9 % | 7.1 % | |||
Relative net indebtedness % | 12.6 % | 10.7 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.3 | |||
Current ratio | 1.1 | 1.1 | |||
Cash and cash equivalents | 22.93 | 26.04 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.1 | 11.0 | |||
Net working capital % | 1.3 % | 1.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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