Qorvo Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 25559177
Bejlerholm 1, 9400 Nørresundby
peter.bundgaard@qorvo.com
tel: 21668689

Company information

Official name
Qorvo Denmark ApS
Personnel
32 persons
Established
2000
Company form
Private limited company
Industry

About Qorvo Denmark ApS

Qorvo Denmark ApS (CVR number: 25559177) is a company from AALBORG. The company recorded a gross profit of 36.7 mDKK in 2023. The operating profit was 3850.7 kDKK, while net earnings were 2797.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent but Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Qorvo Denmark ApS's liquidity measured by quick ratio was 3.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit27 264.5728 064.5731 907.9233 896.6736 688.14
EBIT2 846.323 055.803 362.823 643.803 850.73
Net earnings2 048.462 269.742 433.292 653.332 797.06
Shareholders equity total10 493.5212 763.2615 196.5517 849.8820 646.94
Balance sheet total (assets)17 456.5919 209.5619 123.7520 545.1526 472.71
Net debt-8 380.95-12 043.11-10 160.61-11 156.24-13 692.06
Profitability
EBIT-%
ROA20.0 %16.7 %17.5 %18.4 %16.4 %
ROE21.6 %19.5 %17.4 %16.1 %14.5 %
ROI27.5 %22.8 %22.2 %22.0 %19.9 %
Economic value added (EVA)1 836.442 316.912 596.602 577.322 563.55
Solvency
Equity ratio60.1 %66.4 %79.5 %86.9 %78.0 %
Gearing0.3 %0.6 %0.3 %0.4 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.23.43.75.53.2
Current ratio2.23.43.75.53.2
Cash and cash equivalents8 408.0212 114.8610 208.2611 229.8613 803.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:16.4%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.0%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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