Credit rating
Company information
About Verdis A/S
Verdis A/S (CVR number: 32660533) is a company from ROSKILDE. The company reported a net sales of 833.1 mDKK in 2023, demonstrating a growth of 23.9 % compared to the previous year. The operating profit percentage was at 9.8 % (EBIT: 81.8 mDKK), while net earnings were 46.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Verdis A/S's liquidity measured by quick ratio was 1.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 460.75 | 469.61 | 555.20 | 672.32 | 833.15 |
Gross profit | 331.20 | 345.84 | 414.76 | 490.72 | 612.43 |
EBIT | 23.98 | 37.81 | 56.85 | 67.66 | 81.81 |
Net earnings | 21.32 | 25.66 | 40.67 | 49.71 | 46.05 |
Shareholders equity total | 57.72 | 83.38 | 104.05 | 153.76 | 315.65 |
Balance sheet total (assets) | 365.57 | 418.33 | 462.62 | 525.95 | 920.52 |
Net debt | 77.06 | 20.35 | |||
Profitability | |||||
EBIT-% | 5.2 % | 8.1 % | 10.2 % | 10.1 % | 9.8 % |
ROA | 7.1 % | 9.6 % | 12.9 % | 13.7 % | 11.3 % |
ROE | 46.4 % | 36.4 % | 43.4 % | 38.6 % | 19.6 % |
ROI | 8.0 % | 9.6 % | 12.9 % | 15.4 % | 13.9 % |
Economic value added (EVA) | 22.55 | 34.91 | 52.66 | 48.42 | 56.74 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 29.2 % | 34.3 % |
Gearing | 56.0 % | 24.2 % | |||
Relative net indebtedness % | 51.9 % | 64.0 % | |||
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | |||
Current ratio | 0.9 | 1.1 | |||
Cash and cash equivalents | 9.06 | 56.17 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 72.6 | 77.1 | |||
Net working capital % | -3.7 % | 3.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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