VISSING HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 433.69 | 501.52 | 56.23 | 593.08 | 687.45 |
Gross profit | 22.35 | 257.30 | 28.01 | 291.68 | 355.85 |
EBIT | 67.11 | 88.01 | 85.54 | 82.21 | 117.31 |
Net earnings | 69.06 | 95.69 | |||
Shareholders equity total | 421.07 | 516.61 | |||
Balance sheet total (assets) | 350.30 | 416.86 | 46.24 | 529.88 | 638.02 |
Net debt | -23.46 | -61.73 | |||
Profitability | |||||
EBIT-% | 15.5 % | 17.5 % | 152.1 % | 13.9 % | 17.1 % |
ROA | 19.9 % | 22.9 % | 36.9 % | 36.4 % | 23.1 % |
ROE | 35.2 % | 21.9 % | |||
ROI | 19.9 % | 22.9 % | 36.9 % | 41.6 % | 26.4 % |
Economic value added (EVA) | 67.11 | 88.01 | 85.54 | 62.66 | 69.83 |
Solvency | |||||
Equity ratio | 79.5 % | 81.0 % | |||
Gearing | 5.1 % | 6.7 % | |||
Relative net indebtedness % | 8.9 % | 2.2 % | |||
Liquidity | |||||
Quick ratio | 2.0 | 2.8 | |||
Current ratio | 3.5 | 4.5 | |||
Cash and cash equivalents | 44.93 | 96.42 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 55.1 | 46.0 | |||
Net working capital % | 30.6 % | 36.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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