VHF HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VHF HOLDING ApS
VHF HOLDING ApS (CVR number: 20459549) is a company from HEDENSTED. The company recorded a gross profit of -326 kDKK in 2023. The operating profit was -2326.4 kDKK, while net earnings were 7145.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VHF HOLDING ApS's liquidity measured by quick ratio was 2.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 553.76 | - 545.85 | -1 878.01 | - 394.99 | - 326.04 |
EBIT | -2 044.62 | -2 364.21 | -3 611.17 | -3 151.82 | -2 326.43 |
Net earnings | 1 473.21 | 29 251.42 | 51 066.74 | -9 166.09 | 7 145.36 |
Shareholders equity total | 153 994.40 | 185 759.99 | 238 477.63 | 231 935.34 | 230 876.86 |
Balance sheet total (assets) | 184 198.09 | 248 126.43 | 288 493.32 | 283 166.63 | 288 652.56 |
Net debt | -59 781.62 | -32 923.88 | -41 125.30 | -28 822.36 | -38 764.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.3 % | 15.3 % | 19.7 % | -1.7 % | 4.4 % |
ROE | 0.9 % | 17.2 % | 24.1 % | -3.9 % | 3.1 % |
ROI | 4.6 % | 16.5 % | 21.3 % | -1.8 % | 4.7 % |
Economic value added (EVA) | - 968.50 | -2 755.09 | -4 545.75 | - 717.19 | - 781.76 |
Solvency | |||||
Equity ratio | 83.6 % | 74.9 % | 82.7 % | 81.9 % | 80.0 % |
Gearing | 11.3 % | 23.3 % | 12.6 % | 13.9 % | 15.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 1.7 | 2.6 | 2.2 | 2.2 |
Current ratio | 4.2 | 1.7 | 2.6 | 2.2 | 2.2 |
Cash and cash equivalents | 77 182.44 | 76 237.48 | 71 285.33 | 61 044.66 | 74 785.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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