VERDANE ETF III SPV GP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VERDANE ETF III SPV GP ApS
VERDANE ETF III SPV GP ApS (CVR number: 32311695) is a company from KØBENHAVN. The company recorded a gross profit of -24.5 kEUR in 2023. The operating profit was -24.5 kEUR, while net earnings were -24.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was -86.9 %, which can be considered poor and Return on Equity (ROE) was -138.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.4 %, 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. VERDANE ETF III SPV GP ApS's liquidity measured by quick ratio was 1.3 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14.65 | 14.52 | -1.71 | ||
Gross profit | -3.61 | -2.87 | -16.05 | -17.86 | -24.55 |
EBIT | -3.61 | -2.87 | -16.05 | -17.86 | -24.55 |
Net earnings | -3.93 | -1.02 | -15.62 | -18.73 | -24.95 |
Shareholders equity total | 65.81 | 64.79 | 49.17 | 30.44 | 5.49 |
Balance sheet total (assets) | 68.19 | 67.18 | 53.34 | 32.84 | 23.47 |
Net debt | -45.24 | -38.45 | -21.18 | -2.39 | -2.13 |
Profitability | |||||
EBIT-% | -24.7 % | -19.8 % | |||
ROA | -5.1 % | -1.0 % | -25.4 % | -41.4 % | -86.9 % |
ROE | -5.8 % | -1.6 % | -27.4 % | -47.1 % | -138.9 % |
ROI | -5.3 % | -1.1 % | -26.8 % | -44.9 % | -136.1 % |
Economic value added (EVA) | -4.48 | -3.91 | -17.38 | -19.27 | -25.96 |
Solvency | |||||
Equity ratio | 96.5 % | 96.4 % | 92.2 % | 92.7 % | 23.4 % |
Gearing | |||||
Relative net indebtedness % | -292.5 % | -248.3 % | 993.5 % | ||
Liquidity | |||||
Quick ratio | 28.6 | 28.1 | 12.8 | 13.7 | 1.3 |
Current ratio | 28.6 | 28.1 | 12.8 | 13.7 | 1.3 |
Cash and cash equivalents | 45.24 | 38.45 | 21.18 | 2.39 | 2.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 90.8 | 542.1 | -5 351.8 | ||
Net working capital % | 449.2 % | 446.2 % | -2872.1 % | ||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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