VORES SOL NAKSKOV XV K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORES SOL NAKSKOV XV K/S
VORES SOL NAKSKOV XV K/S (CVR number: 35044531) is a company from GLADSAXE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -5.2 % compared to the previous year. The operating profit percentage was at 43.2 % (EBIT: 0.2 mDKK), while net earnings were 221 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69 %, 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. VORES SOL NAKSKOV XV K/S's liquidity measured by quick ratio was 1.1 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 515.61 | 567.38 | 500.43 | 569.95 | 540.44 |
Gross profit | 427.19 | 471.56 | 410.98 | 480.81 | 439.80 |
EBIT | 220.27 | 264.65 | 204.06 | 274.47 | 233.45 |
Net earnings | 190.90 | 254.77 | 202.75 | 283.84 | 221.00 |
Shareholders equity total | 1 414.65 | 1 619.43 | 1 822.17 | 2 106.01 | 2 327.01 |
Balance sheet total (assets) | 4 083.25 | 3 906.91 | 3 680.80 | 3 625.91 | 3 372.83 |
Net debt | 2 281.45 | 1 891.54 | 1 471.93 | 922.32 | 543.85 |
Profitability | |||||
EBIT-% | 42.7 % | 46.6 % | 40.8 % | 48.2 % | 43.2 % |
ROA | 6.4 % | 8.2 % | 6.3 % | 8.9 % | 8.0 % |
ROE | 14.5 % | 16.8 % | 11.8 % | 14.5 % | 10.0 % |
ROI | 6.5 % | 8.2 % | 6.4 % | 9.0 % | 8.1 % |
Economic value added (EVA) | -63.32 | -4.73 | -49.26 | 34.90 | 12.20 |
Solvency | |||||
Equity ratio | 34.6 % | 41.5 % | 49.5 % | 58.1 % | 69.0 % |
Gearing | 186.5 % | 139.2 % | 101.0 % | 68.4 % | 44.3 % |
Relative net indebtedness % | 448.3 % | 339.3 % | 298.0 % | 175.7 % | 103.2 % |
Liquidity | |||||
Quick ratio | 1.0 | 0.8 | 0.9 | 1.1 | 1.1 |
Current ratio | 1.0 | 0.8 | 0.9 | 1.1 | 1.1 |
Cash and cash equivalents | 357.07 | 362.44 | 367.57 | 518.38 | 488.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.4 | 8.0 | 2.5 | 4.3 | 1.2 |
Net working capital % | -4.2 % | -12.7 % | -11.0 % | 5.2 % | 9.5 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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