Credit rating
Company information
About Verisure A/S
Verisure A/S (CVR number: 25019202) is a company from GLOSTRUP. The company reported a net sales of 670 mDKK in 2023, demonstrating a decline of -0.2 % compared to the previous year. The operating profit percentage was at 13.1 % (EBIT: 88.1 mDKK), while net earnings were 92.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 41.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Verisure A/S's liquidity measured by quick ratio was 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 | 521.61 | 625.63 | 656.92 | 671.46 | 670.05 |
Gross profit | 521.61 | 625.63 | 656.92 | 320.27 | 302.00 |
EBIT | 521.61 | 625.63 | 656.92 | 74.90 | 88.08 |
Net earnings | 5.59 | 47.74 | 59.86 | 43.63 | 92.84 |
Shareholders equity total | 37.16 | 84.90 | 144.76 | 188.39 | 256.23 |
Balance sheet total (assets) | 799.48 | 883.93 | 908.80 | 869.60 | 766.75 |
Net debt | 419.62 | 255.22 | |||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 11.2 % | 13.1 % |
ROA | 67.5 % | 74.3 % | 73.3 % | 8.5 % | 15.2 % |
ROE | 16.3 % | 78.2 % | 52.1 % | 26.2 % | 41.8 % |
ROI | 75.9 % | 74.3 % | 73.3 % | 8.0 % | 14.8 % |
Economic value added (EVA) | 532.03 | 623.77 | 652.66 | 51.10 | 70.85 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 33.0 % | 40.8 % |
Gearing | 222.7 % | 99.6 % | |||
Relative net indebtedness % | 47.5 % | 46.1 % | |||
Liquidity | |||||
Quick ratio | 2.3 | 2.0 | |||
Current ratio | 2.4 | 2.1 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.0 | 44.5 | |||
Net working capital % | 15.7 % | 11.0 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | A | AAA |
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