VERDO HYDROGEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 2 074.33 | 2 127.42 | 1 850.41 | |
Gross profit | 660.00 | 742.74 | 3 099.09 | -46.23 |
EBIT | - 789.63 | 512.65 | 2 889.40 | -46.23 |
Net earnings | - 678.39 | 351.09 | 2 242.67 | -36.04 |
Shareholders equity total | 1 313.18 | 1 664.27 | 3 906.93 | 3 870.89 |
Balance sheet total (assets) | 4 391.33 | 4 101.94 | 4 682.11 | 3 892.89 |
Net debt | 2 795.73 | 2 151.50 | 24.04 | |
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) | - 615.63 | 333.38 | 2 188.23 | - 232.38 |
Solvency | ||||
Equity ratio | 29.9 % | 40.6 % | 83.4 % | 99.4 % |
Gearing | 212.9 % | 129.3 % | 0.6 % | |
Relative net indebtedness % | 148.4 % | 114.6 % | 41.9 % | |
Liquidity | ||||
Quick ratio | 0.5 | 0.5 | 5.8 | 169.6 |
Current ratio | 0.5 | 0.5 | 5.8 | 169.6 |
Cash and cash equivalents | ||||
Capital use efficiency | ||||
Trade debtors turnover (days) | 78.6 | 78.5 | 32.1 | |
Net working capital % | -81.5 % | -52.2 % | 202.4 % | |
Credit risk | ||||
Credit rating | BBB | A | BBB | BBB |
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