VOLSTED PLANTAGE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VOLSTED PLANTAGE A/S
VOLSTED PLANTAGE A/S (CVR number: 24083012) is a company from AALBORG. The company reported a net sales of 0.7 mDKK in 2024, demonstrating a growth of 53.1 % compared to the previous year. The operating profit percentage was poor at -9 % (EBIT: -0.1 mDKK), while net earnings were 53.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VOLSTED PLANTAGE A/S's liquidity measured by quick ratio was 17.7 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 277.25 | 418.64 | 599.47 | 433.54 | 663.76 |
Gross profit | - 250.71 | - 384.04 | - 106.51 | 30.27 | -11.79 |
EBIT | - 274.80 | - 407.96 | - 143.81 | -9.04 | -59.96 |
Net earnings | - 172.76 | - 272.05 | -57.83 | 56.29 | 53.51 |
Shareholders equity total | 3 739.45 | 3 467.40 | 3 409.57 | 3 465.86 | 3 519.37 |
Balance sheet total (assets) | 4 047.63 | 3 750.49 | 3 653.73 | 3 712.11 | 3 706.39 |
Net debt | 241.43 | 220.04 | 158.28 | 89.35 | 125.23 |
Profitability | |||||
EBIT-% | -99.1 % | -97.4 % | -24.0 % | -2.1 % | -9.0 % |
ROA | -5.7 % | -9.5 % | -3.0 % | 1.0 % | 0.5 % |
ROE | -4.5 % | -7.5 % | -1.7 % | 1.6 % | 1.5 % |
ROI | -5.9 % | -9.6 % | -3.0 % | 1.0 % | 0.6 % |
Economic value added (EVA) | - 426.97 | - 519.61 | - 298.90 | - 188.39 | - 229.90 |
Solvency | |||||
Equity ratio | 92.4 % | 92.5 % | 93.3 % | 93.4 % | 95.0 % |
Gearing | 7.2 % | 7.2 % | 5.9 % | 4.8 % | 3.8 % |
Relative net indebtedness % | 101.4 % | 60.8 % | 33.6 % | 38.9 % | 26.9 % |
Liquidity | |||||
Quick ratio | 25.6 | 19.3 | 19.3 | 13.7 | 17.7 |
Current ratio | 25.6 | 19.3 | 19.3 | 13.7 | 17.7 |
Cash and cash equivalents | 27.01 | 28.42 | 42.47 | 77.68 | 8.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.9 | 2.1 | |||
Net working capital % | 646.2 % | 353.0 % | 229.9 % | 323.1 % | 219.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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