Visma Enterprise A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Visma Enterprise A/S
Visma Enterprise A/S (CVR number: 41016027) is a company from KØBENHAVN. The company reported a net sales of 245.8 mDKK in 2023, demonstrating a growth of 10 % compared to the previous year. The operating profit percentage was at 20.4 % (EBIT: 50.1 mDKK), while net earnings were 40.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 45 %, which can be considered excellent and Return on Equity (ROE) was 67.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.1 %, 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. Visma Enterprise A/S's liquidity measured by quick ratio was 2.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 190.77 | 199.54 | 210.56 | 223.44 | 245.77 |
Gross profit | 133.44 | 141.97 | 148.15 | 155.76 | 167.73 |
EBIT | 6.40 | 30.84 | 41.42 | 43.58 | 50.07 |
Net earnings | 9.90 | 23.80 | 31.64 | 33.31 | 40.16 |
Shareholders equity total | 39.90 | 63.69 | 71.33 | 54.65 | 64.81 |
Balance sheet total (assets) | 74.42 | 125.12 | 125.85 | 112.34 | 119.58 |
Net debt | -1.01 | -20.36 | |||
Profitability | |||||
EBIT-% | 3.4 % | 15.5 % | 19.7 % | 19.5 % | 20.4 % |
ROA | 8.6 % | 30.9 % | 33.0 % | 36.8 % | 45.0 % |
ROE | 24.8 % | 45.9 % | 46.9 % | 52.9 % | 67.2 % |
ROI | 8.6 % | 30.9 % | 33.0 % | 47.3 % | 81.9 % |
Economic value added (EVA) | 6.40 | 28.84 | 38.22 | 30.40 | 36.53 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 48.8 % | 54.1 % |
Gearing | 6.8 % | 5.0 % | |||
Relative net indebtedness % | 23.3 % | 12.7 % | |||
Liquidity | |||||
Quick ratio | 2.5 | 2.7 | |||
Current ratio | 2.4 | 2.7 | |||
Cash and cash equivalents | 4.71 | 23.59 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.4 | 63.0 | |||
Net working capital % | 29.5 % | 30.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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