VØLUND VARMETEKNIK A/S — Credit Rating and Financial Key Figures

VØLUND VARMETEKNIK A/S (CVR number: 32938108) is a company from HERNING. The company recorded a gross profit of 94.2 mDKK in 2023. The operating profit was 49.3 mDKK, while net earnings were 38.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 44.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53 %, 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. VØLUND VARMETEKNIK A/S's liquidity measured by quick ratio was 1.5 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.