C.T. VORBASSE A/S — Credit Rating and Financial Key Figures

CVR number: 28985339
Kirkevænget 5, 6623 Vorbasse

Credit rating

Company information

Official name
C.T. VORBASSE A/S
Established
2005
Company form
Limited company
Industry

About C.T. VORBASSE A/S

C.T. VORBASSE A/S (CVR number: 28985339) is a company from BILLUND. The company recorded a gross profit of 85.7 kDKK in 2024. The operating profit was 9.6 kDKK, while net earnings were 14.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79 %, 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. C.T. VORBASSE A/S's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit96.8267.4578.23103.5885.73
EBIT30.831.4512.2327.589.58
Net earnings27.2495.47-96.2850.9414.10
Shareholders equity total1 427.131 409.591 198.921 132.061 033.86
Balance sheet total (assets)1 966.072 006.061 818.781 319.071 313.84
Net debt- 505.14- 603.54- 438.27- 313.52- 339.25
Profitability
EBIT-%
ROA2.7 %7.4 %4.5 %5.7 %2.9 %
ROE1.9 %6.7 %-7.4 %4.4 %1.3 %
ROI2.9 %8.3 %5.2 %6.6 %3.4 %
Economic value added (EVA)-28.88-44.47-28.97-19.32-34.33
Solvency
Equity ratio72.6 %70.3 %65.9 %86.2 %79.0 %
Gearing23.4 %22.4 %24.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.43.52.52.11.4
Current ratio4.43.52.52.01.4
Cash and cash equivalents838.54919.67737.11313.52339.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.91%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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