HOLDINGSELSKABET VANGEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOLDINGSELSKABET VANGEN A/S
HOLDINGSELSKABET VANGEN A/S (CVR number: 34578893) is a company from ODENSE. The company recorded a gross profit of -39.3 kDKK in 2022. The operating profit was -39.3 kDKK, while net earnings were 3566.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HOLDINGSELSKABET VANGEN A/S's liquidity measured by quick ratio was 14.2 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 | -16.44 | -22.19 | -20.19 | -20.36 | -39.32 |
EBIT | -16.44 | -22.19 | -20.19 | -20.36 | -39.32 |
Net earnings | 4 779.37 | 4 357.61 | 11 762.14 | 15 947.89 | 3 566.26 |
Shareholders equity total | 36 301.19 | 40 658.80 | 52 420.93 | 68 368.82 | 71 935.07 |
Balance sheet total (assets) | 36 523.98 | 41 242.65 | 53 739.22 | 69 962.64 | 72 702.27 |
Net debt | -9.92 | -46.28 | 686.01 | 727.57 | -10.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.9 % | 11.2 % | 24.8 % | 25.8 % | 5.0 % |
ROE | 14.1 % | 11.3 % | 25.3 % | 26.4 % | 5.1 % |
ROI | 14.1 % | 11.3 % | 25.1 % | 26.1 % | 5.1 % |
Economic value added (EVA) | 650.32 | 886.73 | 1 110.54 | 1 703.60 | 2 631.35 |
Solvency | |||||
Equity ratio | 99.4 % | 98.6 % | 97.5 % | 97.7 % | 98.9 % |
Gearing | 1.4 % | 1.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 1.4 | 1.2 | 1.1 | 14.2 |
Current ratio | 2.1 | 1.4 | 1.2 | 1.1 | 14.2 |
Cash and cash equivalents | 9.92 | 46.28 | 33.81 | 14.38 | 10.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AA | AA | AA |
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