VNN International ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VNN International ApS
VNN International ApS (CVR number: 33365306) is a company from KØBENHAVN. The company reported a net sales of 341 mDKK in 2023, demonstrating a growth of 3.9 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 2.5 mDKK), while net earnings were 2938.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.3 %, which can be considered excellent and Return on Equity (ROE) was 63.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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. VNN International ApS'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 28.70 | 201.67 | 328.11 | 341.02 | |
Gross profit | -0.01 | 0.91 | 4.67 | 6.13 | 4.72 |
EBIT | -0.01 | 0.57 | 2.62 | 4.00 | 2.50 |
Net earnings | -0.04 | 0.77 | 1.13 | 2.41 | 2.94 |
Shareholders equity total | 0.02 | 0.94 | 2.07 | 3.88 | 5.32 |
Balance sheet total (assets) | 0.27 | 3.83 | 16.00 | 14.94 | 22.38 |
Net debt | -0.04 | -1.94 | 2.08 | -2.40 | -2.46 |
Profitability | |||||
EBIT-% | 2.0 % | 1.3 % | 1.2 % | 0.7 % | |
ROA | -1.0 % | 61.9 % | 52.5 % | 41.9 % | 30.3 % |
ROE | -109.9 % | 161.4 % | 75.3 % | 81.0 % | 63.9 % |
ROI | -1.1 % | 214.1 % | 65.7 % | 60.8 % | 43.7 % |
Economic value added (EVA) | 0.00 | 0.49 | 2.10 | 3.55 | 1.97 |
Solvency | |||||
Equity ratio | 6.3 % | 24.5 % | 12.9 % | 26.0 % | 23.8 % |
Gearing | 1317.5 % | 0.5 % | 620.0 % | 65.3 % | 265.5 % |
Relative net indebtedness % | 3.3 % | 1.6 % | 1.9 % | 0.1 % | |
Liquidity | |||||
Quick ratio | 9.8 | 1.3 | 1.0 | 1.0 | 1.2 |
Current ratio | 9.8 | 1.3 | 1.1 | 1.3 | 1.3 |
Cash and cash equivalents | 0.27 | 1.95 | 10.76 | 4.93 | 16.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.1 | 3.8 | 6.4 | 2.2 | |
Net working capital % | 2.8 % | 0.9 % | 1.1 % | 1.5 % | |
Credit risk | |||||
Credit rating | BB | BB | A | BBB | A |
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