Vorning Maskinstation A/S — Credit Rating and Financial Key Figures

CVR number: 39381656
Vorningvej 108, Vorning 8830 Tjele
Danny@vorningmaskinstation.dk
tel: 20241009

Company information

Official name
Vorning Maskinstation A/S
Personnel
6 persons
Established
2018
Domicile
Vorning
Company form
Limited company
Industry

About Vorning Maskinstation A/S

Vorning Maskinstation A/S (CVR number: 39381656) is a company from VIBORG. The company recorded a gross profit of 6072.1 kDKK in 2024. The operating profit was 1594.9 kDKK, while net earnings were 831.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34 %, 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. Vorning Maskinstation 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 663.305 208.854 419.814 943.766 072.14
EBIT851.07781.76782.89975.061 594.87
Net earnings436.69486.10479.09531.40831.60
Shareholders equity total2 896.623 326.223 748.114 220.624 991.22
Balance sheet total (assets)12 620.5711 763.0111 330.6711 867.7214 664.75
Net debt6 403.724 614.223 049.823 153.141 945.34
Profitability
EBIT-%
ROA6.5 %6.4 %6.8 %8.4 %12.0 %
ROE16.1 %15.6 %13.5 %13.3 %18.1 %
ROI6.8 %6.8 %7.0 %8.6 %12.4 %
Economic value added (EVA)-11.7956.9943.20207.81649.25
Solvency
Equity ratio23.0 %28.3 %33.1 %35.6 %34.0 %
Gearing250.0 %150.3 %97.8 %82.1 %59.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.30.30.6
Current ratio0.20.10.30.30.6
Cash and cash equivalents838.91383.98614.97313.481 028.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.0%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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