VERDO PRODUKTION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VERDO PRODUKTION A/S
VERDO PRODUKTION A/S (CVR number: 25481984) is a company from RANDERS. The company reported a net sales of 471.3 mDKK in 2023, demonstrating a decline of -13.6 % compared to the previous year. The operating profit percentage was at 23.5 % (EBIT: 110.8 mDKK), while net earnings were 61.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.4 %, 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. VERDO PRODUKTION A/S's liquidity measured by quick ratio was 3.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 154.79 | 224.97 | 288.28 | 545.26 | 471.33 |
Gross profit | 154.79 | 224.97 | 288.28 | 316.56 | 175.39 |
EBIT | - 105.35 | -86.43 | 50.01 | 252.49 | 110.84 |
Net earnings | -94.10 | - 102.65 | 54.23 | 190.62 | 61.67 |
Shareholders equity total | 23.90 | 22.30 | 92.09 | 343.14 | 383.95 |
Balance sheet total (assets) | 626.22 | 531.41 | 625.83 | 886.84 | 827.56 |
Net debt | 252.32 | 196.21 | |||
Profitability | |||||
EBIT-% | -68.1 % | -38.4 % | 17.3 % | 46.3 % | 23.5 % |
ROA | -17.3 % | -14.9 % | 8.6 % | 33.7 % | 14.7 % |
ROE | -129.4 % | -444.4 % | 94.8 % | 87.6 % | 17.0 % |
ROI | -17.3 % | -14.9 % | 8.6 % | 37.1 % | 17.0 % |
Economic value added (EVA) | - 111.46 | -87.63 | 48.89 | 192.32 | 55.17 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 38.7 % | 46.4 % |
Gearing | 73.6 % | 51.2 % | |||
Relative net indebtedness % | 77.2 % | 63.3 % | |||
Liquidity | |||||
Quick ratio | 2.6 | 3.6 | |||
Current ratio | 2.7 | 3.8 | |||
Cash and cash equivalents | 0.25 | 0.30 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.8 | 6.0 | |||
Net working capital % | 73.5 % | 93.1 % | |||
Credit risk | |||||
Credit rating | BB | BB | BBB | AA | AAA |
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