Virtual Water Technology ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Virtual Water Technology ApS
Virtual Water Technology ApS (CVR number: 38803069) is a company from SILKEBORG. The company recorded a gross profit of -8.5 kDKK in 2024. The operating profit was -9 kDKK, while net earnings were -11 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -8.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.9 %, 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. Virtual Water Technology ApS's liquidity measured by quick ratio was 2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 88.41 | 93.29 | 23.03 | -26.81 | -8.52 |
EBIT | 68.37 | 73.25 | 9.50 | -29.73 | -9.01 |
Net earnings | 51.40 | 56.03 | 5.70 | -24.01 | -11.01 |
Shareholders equity total | 270.05 | 251.08 | 156.79 | 132.78 | 121.77 |
Balance sheet total (assets) | 341.92 | 347.46 | 220.72 | 258.79 | 249.03 |
Net debt | - 181.91 | - 313.21 | - 110.92 | 26.93 | -94.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.2 % | 21.3 % | 3.3 % | -12.4 % | -3.5 % |
ROE | 17.5 % | 21.5 % | 2.8 % | -16.6 % | -8.7 % |
ROI | 23.2 % | 27.4 % | 4.2 % | -14.6 % | -4.1 % |
Economic value added (EVA) | 43.09 | 52.55 | 9.98 | -24.74 | -10.73 |
Solvency | |||||
Equity ratio | 79.0 % | 72.3 % | 71.0 % | 51.3 % | 48.9 % |
Gearing | 5.5 % | 20.2 % | 64.7 % | 74.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 3.4 | 3.4 | 2.0 | 2.0 |
Current ratio | 4.2 | 3.4 | 3.4 | 2.0 | 2.0 |
Cash and cash equivalents | 181.91 | 326.93 | 142.61 | 58.99 | 185.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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