VOLONTA IVS — Credit Rating and Financial Key Figures

CVR number: 38477730
Pøllegårdsvej 10, Kagstrup 4160 Herlufmagle
ole_ruggaardsteen@hotmail.com
tel: 22491944

Company information

Official name
VOLONTA IVS
Established
2017
Domicile
Kagstrup
Company form
Entrepreneurial limited company
Industry

About VOLONTA IVS

VOLONTA IVS (CVR number: 38477730) is a company from NÆSTVED. The company reported a net sales of 0.5 mDKK in 2019, demonstrating a decline of -19.7 % compared to the previous year. The operating profit percentage was poor at -1 % (EBIT: -0 mDKK), while net earnings were -5.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -112.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VOLONTA IVS's liquidity measured by quick ratio was 1.2 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
Volume
Net sales803.70645.79518.59
Gross profit20.03-3.95-5.19
EBIT20.03-3.95-5.19
Net earnings13.91-6.63-5.25
Shareholders equity total13.917.282.03
Balance sheet total (assets)251.85139.2813.96
Net debt- 164.18-9.46-4.47
Profitability
EBIT-%2.5 %-0.6 %-1.0 %
ROA8.0 %-2.0 %-6.8 %
ROE100.0 %-62.6 %-112.7 %
ROI109.3 %-24.3 %-44.9 %
Economic value added (EVA)14.813.98-4.56
Solvency
Equity ratio5.5 %5.2 %14.6 %
Gearing31.8 %95.0 %340.1 %
Relative net indebtedness %8.6 %17.9 %0.1 %
Liquidity
Quick ratio1.11.11.2
Current ratio1.11.11.2
Cash and cash equivalents168.6016.3811.39
Capital use efficiency
Trade debtors turnover (days)37.869.5
Net working capital %1.7 %1.1 %0.4 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-6.77%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.6%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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