N. VOETMANN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About N. VOETMANN A/S
N. VOETMANN A/S (CVR number: 12998694) is a company from AALBORG. The company recorded a gross profit of -54.4 kDKK in 2022. The operating profit was -54.4 kDKK, while net earnings were -1043.4 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 -14.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. N. VOETMANN A/S's liquidity measured by quick ratio was 16.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -74.03 | -72.00 | -80.63 | -77.30 | -54.37 |
EBIT | - 125.37 | - 243.47 | -80.63 | -77.30 | -54.37 |
Net earnings | - 432.71 | 621.20 | 9.07 | 327.35 | -1 043.39 |
Shareholders equity total | 7 032.97 | 7 546.17 | 7 444.64 | 7 658.99 | 6 501.20 |
Balance sheet total (assets) | 7 185.36 | 7 630.28 | 7 682.67 | 8 075.24 | 6 930.22 |
Net debt | -6 673.35 | -7 582.65 | -7 444.90 | -7 757.63 | -6 480.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.8 % | 8.5 % | 0.2 % | 5.5 % | 3.5 % |
ROE | -5.9 % | 8.5 % | 0.1 % | 4.3 % | -14.7 % |
ROI | 2.8 % | 8.5 % | 0.2 % | 5.6 % | 3.6 % |
Economic value added (EVA) | - 139.23 | - 254.76 | -76.80 | -48.77 | -28.97 |
Solvency | |||||
Equity ratio | 97.9 % | 98.9 % | 96.9 % | 94.8 % | 93.8 % |
Gearing | 1.9 % | 0.5 % | 3.0 % | 4.1 % | 6.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 45.0 | 90.7 | 32.3 | 19.4 | 16.2 |
Current ratio | 45.0 | 90.7 | 32.3 | 19.4 | 16.2 |
Cash and cash equivalents | 6 808.32 | 7 622.44 | 7 669.93 | 8 075.24 | 6 892.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
Variable visualization
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