VERDO HYDROGEN A/S — Credit Rating and Financial Key Figures

CVR number: 25481933
Agerskellet 7, 8920 Randers NV
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Credit rating

Company information

Official name
VERDO HYDROGEN A/S
Established
2000
Company form
Limited company
Industry

About VERDO HYDROGEN A/S

VERDO HYDROGEN A/S (CVR number: 25481933) is a company from RANDERS. The company recorded a gross profit of -46.2 kDKK in 2019, demonstrating a decline of 0 % compared to the previous year. The operating profit was -46.2 kDKK, while net earnings were -36 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VERDO HYDROGEN A/S's liquidity measured by quick ratio was 169.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales2 074.332 127.421 850.41
Gross profit660.00742.743 099.09-46.23
EBIT- 789.63512.652 889.40-46.23
Net earnings- 678.39351.092 242.67-36.04
Shareholders equity total1 313.181 664.273 906.933 870.89
Balance sheet total (assets)4 391.334 101.944 682.113 892.89
Net debt2 795.732 151.5024.04
Profitability
EBIT-%-38.1 %24.1 %156.1 %
ROA-18.0 %12.1 %65.8 %-1.1 %
ROE-51.7 %23.6 %80.5 %-0.9 %
ROI-19.2 %12.9 %74.6 %-1.2 %
Economic value added (EVA)- 615.63333.382 188.23- 232.38
Solvency
Equity ratio29.9 %40.6 %83.4 %99.4 %
Gearing212.9 %129.3 %0.6 %
Relative net indebtedness %148.4 %114.6 %41.9 %
Liquidity
Quick ratio0.50.55.8169.6
Current ratio0.50.55.8169.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)78.678.532.1
Net working capital %-81.5 %-52.2 %202.4 %
Credit risk
Credit ratingBBBABBBBBB

Variable visualization

ROA:-1.08%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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