Vodafone Enterprise Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 24205606
Tuborg Boulevard 12, 2900 Hellerup
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Credit rating

Company information

Official name
Vodafone Enterprise Denmark A/S
Established
1999
Company form
Limited company
Industry

About Vodafone Enterprise Denmark A/S

Vodafone Enterprise Denmark A/S (CVR number: 24205606) is a company from GENTOFTE. The company reported a net sales of 6.2 mDKK in 2023, demonstrating a growth of 165.9 % compared to the previous year. The operating profit percentage was at 3.9 % (EBIT: 0.2 mDKK), while net earnings were 233 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 25 %, 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. Vodafone Enterprise Denmark A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 665.008 542.005 835.002 344.006 233.00
Gross profit2 987.003 415.003 838.004 746.005 430.00
EBIT167.00522.00133.0075.00241.00
Net earnings51.00179.00199.0069.00233.00
Shareholders equity total2 303.002 482.002 681.002 750.002 983.00
Balance sheet total (assets)19 848.0014 514.009 987.007 774.0011 930.00
Net debt-3 482.0086.00-4 395.00314.001 909.00
Profitability
EBIT-%4.6 %6.1 %2.3 %3.2 %3.9 %
ROA1.4 %3.6 %2.2 %1.7 %3.5 %
ROE2.2 %7.5 %7.7 %2.5 %8.1 %
ROI2.5 %8.3 %6.2 %4.4 %6.2 %
Economic value added (EVA)340.81721.498.73166.81142.31
Solvency
Equity ratio11.6 %17.1 %26.8 %35.4 %25.0 %
Gearing121.2 %3.8 %4.2 %40.0 %64.0 %
Relative net indebtedness %307.6 %140.8 %48.0 %180.8 %143.5 %
Liquidity
Quick ratio0.91.01.01.00.9
Current ratio0.91.01.01.00.9
Cash and cash equivalents6 273.009.004 508.00786.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-23.9 %3.7 %-2.3 %-0.3 %-10.7 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.46%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.0%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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