VISSING HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 42958913
Rævevej 1, 7800 Skive

Credit rating

Company information

Official name
VISSING HOLDING A/S
Personnel
3 persons
Established
1943
Company form
Limited company
Industry

About VISSING HOLDING A/S

VISSING HOLDING A/S (CVR number: 42958913K) is a company from SKIVE. The company reported a net sales of 687.5 mDKK in 2024, demonstrating a growth of 15.9 % compared to the previous year. The operating profit percentage was at 17.1 % (EBIT: 117.3 mDKK), while net earnings were 95.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent and Return on Equity (ROE) was 21.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VISSING HOLDING A/S's liquidity measured by quick ratio was 2.8 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 sales433.69501.5256.23593.08687.45
Gross profit22.35257.3028.01291.68355.85
EBIT67.1188.0185.5482.21117.31
Net earnings69.0695.69
Shareholders equity total421.07516.61
Balance sheet total (assets)350.30416.8646.24529.88638.02
Net debt-23.46-61.73
Profitability
EBIT-%15.5 %17.5 %152.1 %13.9 %17.1 %
ROA19.9 %22.9 %36.9 %36.4 %23.1 %
ROE35.2 %21.9 %
ROI19.9 %22.9 %36.9 %41.6 %26.4 %
Economic value added (EVA)67.1188.0185.5462.6669.83
Solvency
Equity ratio79.5 %81.0 %
Gearing5.1 %6.7 %
Relative net indebtedness %8.9 %2.2 %
Liquidity
Quick ratio2.02.8
Current ratio3.54.5
Cash and cash equivalents44.9396.42
Capital use efficiency
Trade debtors turnover (days)55.146.0
Net working capital %30.6 %36.2 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:23.1%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.0%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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