VOLSTED PLANTAGE A/S — Credit Rating and Financial Key Figures

CVR number: 24083012
Hasserisvej 112, 9000 Aalborg
mail@jbh.as
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Company information

Official name
VOLSTED PLANTAGE A/S
Established
1906
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales277.25418.64599.47433.54663.76
Gross profit- 250.71- 384.04- 106.5130.27-11.79
EBIT- 274.80- 407.96- 143.81-9.04-59.96
Net earnings- 172.76- 272.05-57.8356.2953.51
Shareholders equity total3 739.453 467.403 409.573 465.863 519.37
Balance sheet total (assets)4 047.633 750.493 653.733 712.113 706.39
Net debt241.43220.04158.2889.35125.23
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 ratio92.4 %92.5 %93.3 %93.4 %95.0 %
Gearing7.2 %7.2 %5.9 %4.8 %3.8 %
Relative net indebtedness %101.4 %60.8 %33.6 %38.9 %26.9 %
Liquidity
Quick ratio25.619.319.313.717.7
Current ratio25.619.319.313.717.7
Cash and cash equivalents27.0128.4242.4777.688.20
Capital use efficiency
Trade debtors turnover (days)2.92.1
Net working capital %646.2 %353.0 %229.9 %323.1 %219.5 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:0.54%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.0%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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