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 34.7 kDKK in 2024. The operating profit was -734.1 kDKK, while net earnings were -1192.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.5 %, which can be considered poor and Return on Equity (ROE) was -288.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 82.2 %, 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 30 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -73.46 | 404.39 | 324.80 | - 332.94 | 34.72 |
EBIT | - 699.57 | 124.85 | - 223.96 | -1 074.46 | - 734.07 |
Net earnings | - 712.88 | 248.70 | - 193.65 | - 862.60 | -1 192.94 |
Shareholders equity total | 568.02 | 816.72 | 623.07 | 510.47 | 317.53 |
Balance sheet total (assets) | 1 412.37 | 1 908.50 | 2 220.43 | 2 307.32 | 2 204.09 |
Net debt | -70.04 | - 885.49 | - 101.53 | - 232.89 | - 391.72 |
Profitability | |||||
EBIT-% | |||||
ROA | -15.5 % | 7.7 % | -10.8 % | -42.0 % | -32.5 % |
ROE | -48.5 % | 35.9 % | -26.9 % | -152.2 % | -288.2 % |
ROI | -25.0 % | 17.9 % | -31.0 % | -165.7 % | -174.4 % |
Economic value added (EVA) | - 307.34 | 65.42 | - 186.25 | - 991.36 | - 527.28 |
Solvency | |||||
Equity ratio | 70.5 % | 64.0 % | 76.5 % | 83.8 % | 82.2 % |
Gearing | 6.3 % | 0.5 % | 2.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.6 | 4.2 | 11.0 | 21.5 | 30.0 |
Current ratio | 1.6 | 1.7 | 1.3 | 1.2 | 1.1 |
Cash and cash equivalents | 105.79 | 889.44 | 101.53 | 246.23 | 391.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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