VD FINANS A/S — Credit Rating and Financial Key Figures

CVR number: 12604394
Knoten 1, 9900 Frederikshavn
hsa@hsa-management.dk
tel: 20989322

Credit rating

Company information

Official name
VD FINANS A/S
Established
1988
Company form
Limited company
Industry

About VD FINANS A/S

VD FINANS A/S (CVR number: 12604394) is a company from FREDERIKSHAVN. The company recorded a gross profit of 435.4 kDKK in 2022. The operating profit was 198.6 kDKK, while net earnings were -124.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24 %, 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. VD FINANS A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit571.92401.59208.00476.00435.37
EBIT396.64-10.69159.00239.00198.58
Net earnings- 115.93- 407.62-96.00-23.00- 124.91
Shareholders equity total4 012.303 604.693 509.003 485.003 360.94
Balance sheet total (assets)25 588.3815 343.8614 135.0014 017.0013 983.15
Net debt16 957.8110 201.399 937.0010 003.0010 160.67
Profitability
EBIT-%
ROA1.8 %-0.1 %1.1 %1.7 %1.6 %
ROE-2.8 %-10.7 %-2.7 %-0.7 %-3.6 %
ROI2.0 %-0.1 %1.2 %1.8 %1.6 %
Economic value added (EVA)- 519.71- 939.46- 482.20- 343.05- 401.08
Solvency
Equity ratio15.7 %23.5 %24.8 %24.9 %24.0 %
Gearing484.5 %289.2 %283.2 %287.0 %302.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.10.10.10.1
Current ratio0.60.10.10.10.1
Cash and cash equivalents2 480.60222.880.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.57%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.0%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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