VORDINGBORG ENERGI HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VORDINGBORG ENERGI HOLDING A/S
VORDINGBORG ENERGI HOLDING A/S (CVR number: 28318936K) is a company from VORDINGBORG. The company reported a net sales of 206.1 mDKK in 2024, demonstrating a growth of 4.5 % compared to the previous year. The operating profit percentage was at 11 % (EBIT: 22.6 mDKK), while net earnings were 14.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. VORDINGBORG ENERGI HOLDING A/S's liquidity measured by quick ratio was 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 170.03 | 200.81 | 197.68 | 197.12 | 206.06 |
Gross profit | 103.45 | 134.80 | 124.01 | 118.13 | 107.44 |
EBIT | 30.42 | 60.97 | 49.36 | 38.18 | 22.64 |
Net earnings | 13.75 | 56.58 | 42.42 | 33.30 | 14.67 |
Shareholders equity total | 937.37 | 995.02 | 1 037.72 | 1 071.02 | 1 085.69 |
Balance sheet total (assets) | 1 291.06 | 1 350.87 | 1 401.22 | 1 572.18 | 1 679.85 |
Net debt | 221.31 | 315.14 | |||
Profitability | |||||
EBIT-% | 17.9 % | 30.4 % | 25.0 % | 19.4 % | 11.0 % |
ROA | 2.4 % | 4.6 % | 3.6 % | 2.8 % | 1.7 % |
ROE | 1.5 % | 5.9 % | 4.2 % | 3.2 % | 1.4 % |
ROI | 2.4 % | 4.6 % | 3.6 % | 2.9 % | 1.8 % |
Economic value added (EVA) | -15.99 | 13.86 | -0.64 | -14.23 | -49.18 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 68.1 % | 64.6 % |
Gearing | 32.9 % | 40.7 % | |||
Relative net indebtedness % | 153.7 % | 195.3 % | |||
Liquidity | |||||
Quick ratio | 2.1 | 2.0 | |||
Current ratio | 2.1 | 2.0 | |||
Cash and cash equivalents | 131.30 | 126.79 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 85.1 | 111.5 | |||
Net working capital % | 53.2 % | 49.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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