Virtual Water Technology ApS — Credit Rating and Financial Key Figures

CVR number: 38803069
Ystadvej 2, 8600 Silkeborg

Credit rating

Company information

Official name
Virtual Water Technology ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit88.4193.2923.03-26.81-8.52
EBIT68.3773.259.50-29.73-9.01
Net earnings51.4056.035.70-24.01-11.01
Shareholders equity total270.05251.08156.79132.78121.77
Balance sheet total (assets)341.92347.46220.72258.79249.03
Net debt- 181.91- 313.21- 110.9226.93-94.42
Profitability
EBIT-%
ROA18.2 %21.3 %3.3 %-12.4 %-3.5 %
ROE17.5 %21.5 %2.8 %-16.6 %-8.7 %
ROI23.2 %27.4 %4.2 %-14.6 %-4.1 %
Economic value added (EVA)43.0952.559.98-24.74-10.73
Solvency
Equity ratio79.0 %72.3 %71.0 %51.3 %48.9 %
Gearing5.5 %20.2 %64.7 %74.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.23.43.42.02.0
Current ratio4.23.43.42.02.0
Cash and cash equivalents181.91326.93142.6158.99185.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-3.50%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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