N. VOETMANN A/S — Credit Rating and Financial Key Figures

CVR number: 12998694
Østre Havnegade 42, 9000 Aalborg
tel: 98168983
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Credit rating

Company information

Official name
N. VOETMANN A/S
Personnel
1 person
Established
1989
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
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- 432.71621.209.07327.35-1 043.39
Shareholders equity total7 032.977 546.177 444.647 658.996 501.20
Balance sheet total (assets)7 185.367 630.287 682.678 075.246 930.22
Net debt-6 673.35-7 582.65-7 444.90-7 757.63-6 480.08
Profitability
EBIT-%
ROA2.8 %8.5 %0.2 %5.5 %3.5 %
ROE-5.9 %8.5 %0.1 %4.3 %-14.7 %
ROI2.8 %8.5 %0.2 %5.6 %3.6 %
Economic value added (EVA)- 139.23- 254.76-76.80-48.77-28.97
Solvency
Equity ratio97.9 %98.9 %96.9 %94.8 %93.8 %
Gearing1.9 %0.5 %3.0 %4.1 %6.3 %
Relative net indebtedness %
Liquidity
Quick ratio45.090.732.319.416.2
Current ratio45.090.732.319.416.2
Cash and cash equivalents6 808.327 622.447 669.938 075.246 892.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:3.54%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.8%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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