Credit rating
Company information
About VERDO TEKNIK A/S
VERDO TEKNIK A/S (CVR number: 25481992) is a company from RANDERS. The company reported a net sales of 200.4 mDKK in 2023, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was poor at -9.5 % (EBIT: -19.1 mDKK), while net earnings were -15.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VERDO TEKNIK A/S's liquidity measured by quick ratio was 2.2 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 | 260.13 | 226.55 | 197.07 | 193.94 | 200.45 |
Gross profit | 260.13 | 226.55 | 197.07 | 54.16 | 61.65 |
EBIT | 4.62 | -2.95 | -6.83 | -17.54 | -19.11 |
Net earnings | 3.46 | -3.17 | -5.09 | -13.67 | -15.42 |
Shareholders equity total | 196.12 | 193.97 | 188.88 | 175.21 | 159.79 |
Balance sheet total (assets) | 286.80 | 276.27 | 248.12 | 240.38 | 229.74 |
Net debt | 0.18 | 0.10 | |||
Profitability | |||||
EBIT-% | 1.8 % | -1.3 % | -3.5 % | -9.0 % | -9.5 % |
ROA | 2.2 % | -1.0 % | -2.6 % | -7.0 % | -7.8 % |
ROE | 2.4 % | -1.6 % | -2.7 % | -7.5 % | -9.2 % |
ROI | 2.2 % | -1.0 % | -2.6 % | -7.8 % | -10.0 % |
Economic value added (EVA) | -0.03 | -12.80 | -16.57 | -23.18 | -24.56 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 72.9 % | 69.6 % |
Gearing | 0.1 % | 0.1 % | |||
Relative net indebtedness % | 26.6 % | 29.4 % | |||
Liquidity | |||||
Quick ratio | 2.8 | 2.2 | |||
Current ratio | 2.9 | 2.3 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 119.5 | 111.3 | |||
Net working capital % | 45.5 % | 35.9 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BBB |
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