Vores Afrika A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vores Afrika A/S
Vores Afrika A/S (CVR number: 35832017) is a company from AALBORG. The company recorded a gross profit of -308.2 kDKK in 2023. The operating profit was -1074.5 kDKK, while net earnings were -862.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42 %, which can be considered poor and Return on Equity (ROE) was -152.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Vores Afrika A/S's liquidity measured by quick ratio was 21.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 309.74 | -73.46 | 404.39 | 324.80 | - 308.19 |
EBIT | -1 419.71 | - 699.57 | 124.85 | - 223.96 | -1 074.46 |
Net earnings | -1 878.13 | - 712.88 | 248.70 | - 193.65 | - 862.60 |
Shareholders equity total | -5 219.10 | 568.02 | 816.72 | 623.07 | 510.47 |
Balance sheet total (assets) | 2 369.12 | 1 412.37 | 1 908.50 | 2 220.43 | 2 307.32 |
Net debt | 4 358.04 | -70.04 | - 885.49 | - 101.53 | - 232.89 |
Profitability | |||||
EBIT-% | |||||
ROA | -19.9 % | -15.5 % | 7.7 % | -10.8 % | -42.0 % |
ROE | -83.3 % | -48.5 % | 35.9 % | -26.9 % | -152.2 % |
ROI | -28.6 % | -25.0 % | 17.9 % | -31.0 % | -165.7 % |
Economic value added (EVA) | -1 478.17 | - 307.34 | 65.42 | - 186.25 | - 991.36 |
Solvency | |||||
Equity ratio | -98.8 % | 70.5 % | 64.0 % | 76.5 % | 83.8 % |
Gearing | -95.1 % | 6.3 % | 0.5 % | 2.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.5 | 6.6 | 4.2 | 11.0 | 21.5 |
Current ratio | 0.9 | 1.6 | 1.7 | 1.3 | 1.2 |
Cash and cash equivalents | 607.49 | 105.79 | 889.44 | 101.53 | 246.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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