VOLA A/S — Credit Rating and Financial Key Figures

CVR number: 17531328
Lunavej 2, 8700 Horsens
tel: 70235500

Credit rating

Company information

Official name
VOLA A/S
Personnel
251 persons
Established
1954
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About VOLA A/S

VOLA A/S (CVR number: 17531328) is a company from HORSENS. The company reported a net sales of 316.4 mDKK in 2023, demonstrating a decline of -13.2 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 11.2 mDKK), while net earnings were 9046.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. VOLA A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales316.34324.21364.40364.73316.44
Gross profit160.57166.61197.15178.69143.62
EBIT40.8039.6361.4642.1011.22
Net earnings32.0530.7647.6232.739.05
Shareholders equity total111.93132.69160.32153.05147.09
Balance sheet total (assets)176.19195.37214.82225.34191.97
Net debt-10.06-4.66
Profitability
EBIT-%12.9 %12.2 %16.9 %11.5 %3.5 %
ROA25.1 %21.3 %30.0 %19.2 %5.7 %
ROE30.3 %25.1 %32.5 %20.9 %6.0 %
ROI29.4 %21.3 %30.0 %21.8 %7.1 %
Economic value added (EVA)36.5534.0154.7924.652.33
Solvency
Equity ratio100.0 %100.0 %100.0 %67.9 %76.6 %
Gearing10.5 %7.4 %
Relative net indebtedness %11.3 %8.0 %
Liquidity
Quick ratio1.11.4
Current ratio2.02.5
Cash and cash equivalents26.0915.56
Capital use efficiency
Trade debtors turnover (days)29.823.1
Net working capital %18.1 %19.3 %
Credit risk
Credit ratingAABBBAAAAAA

Variable visualization

ROA:5.68%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer
Board member
Chief executive officer

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