Credit rating
Company information
About VITZ INVEST ApS
VITZ INVEST ApS (CVR number: 28981945) is a company from FAVRSKOV. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 191.9 % compared to the previous year. The operating profit percentage was at 51.5 % (EBIT: 0.1 mDKK), while net earnings were -57 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29 %, 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. VITZ INVEST ApS's liquidity measured by quick ratio was 4.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 59.26 | 173.00 | |||
Gross profit | 91.51 | 72.88 | 70.12 | 59.26 | 116.14 |
EBIT | 59.22 | 39.59 | 49.86 | 33.21 | 89.05 |
Net earnings | 20.96 | 0.58 | 14.47 | -8.10 | -56.96 |
Shareholders equity total | 709.15 | 729.99 | 752.21 | 736.11 | 825.01 |
Balance sheet total (assets) | 2 844.35 | 2 865.19 | 2 867.41 | 2 859.31 | 2 841.75 |
Net debt | 2 077.37 | 2 043.49 | 2 000.76 | 1 988.60 | 1 858.45 |
Profitability | |||||
EBIT-% | 56.0 % | 51.5 % | |||
ROA | 2.1 % | 1.4 % | 1.7 % | 1.2 % | -0.7 % |
ROE | 3.0 % | 0.1 % | 2.0 % | -1.1 % | -7.3 % |
ROI | 2.1 % | 1.4 % | 1.7 % | 1.2 % | -0.7 % |
Economic value added (EVA) | -82.53 | - 100.43 | -89.51 | - 105.13 | -47.86 |
Solvency | |||||
Equity ratio | 24.9 % | 25.5 % | 26.2 % | 25.7 % | 29.0 % |
Gearing | 298.3 % | 289.8 % | 281.2 % | 287.3 % | 240.9 % |
Relative net indebtedness % | 3369.1 % | 1091.0 % | |||
Liquidity | |||||
Quick ratio | 1.9 | 3.6 | 15.8 | 4.5 | |
Current ratio | 1.9 | 3.6 | 15.8 | 4.5 | |
Cash and cash equivalents | 37.83 | 71.71 | 114.44 | 126.60 | 129.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 200.1 % | 58.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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