VORDINGBORG KRAFTVARME A/S — Credit Rating and Financial Key Figures

CVR number: 34078149
Danmarksvej 1, 4760 Vordingborg
sodi@vordingborgforsyning.dk

Company information

Official name
VORDINGBORG KRAFTVARME A/S
Established
2011
Company form
Limited company
Industry

About VORDINGBORG KRAFTVARME A/S

VORDINGBORG KRAFTVARME A/S (CVR number: 34078149) is a company from VORDINGBORG. The company reported a net sales of 66.3 mDKK in 2024, demonstrating a decline of -8.2 % compared to the previous year. The operating profit percentage was poor at -10.7 % (EBIT: -7.1 mDKK), while net earnings were -6265.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -9.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VORDINGBORG KRAFTVARME A/S's liquidity measured by quick ratio was 1.9 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales60.9078.3786.6572.2366.32
Gross profit14.7133.6440.9720.305.76
EBIT4.7920.9130.859.11-7.11
Net earnings1.9614.5922.536.14-6.27
Shareholders equity total26.6641.2563.7869.9263.65
Balance sheet total (assets)101.26116.96135.79132.15118.31
Net debt42.8733.4720.4626.1422.47
Profitability
EBIT-%7.9 %26.7 %35.6 %12.6 %-10.7 %
ROA4.7 %19.2 %24.5 %7.2 %-5.2 %
ROE7.6 %43.0 %42.9 %9.2 %-9.4 %
ROI5.2 %21.8 %28.1 %8.0 %-5.7 %
Economic value added (EVA)-0.9111.7618.971.13-11.62
Solvency
Equity ratio26.3 %35.3 %47.0 %52.9 %53.8 %
Gearing223.5 %137.1 %81.8 %68.0 %67.0 %
Relative net indebtedness %88.2 %62.6 %43.0 %51.9 %49.6 %
Liquidity
Quick ratio2.02.33.12.61.9
Current ratio2.22.43.22.82.1
Cash and cash equivalents16.7023.0931.7321.4120.20
Capital use efficiency
Trade debtors turnover (days)0.10.41.20.10.3
Net working capital %34.2 %43.2 %57.0 %44.2 %27.8 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:-5.17%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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