VTB HOLDING A/S

CVR number: 27737188
Nyborgvej 3, 8940 Randers SV

Credit rating

Company information

Official name
VTB HOLDING A/S
Established
2004
Company form
Limited company
Industry
  • Expand more icon77Rental and leasing activities

About the company

VTB HOLDING A/S (CVR number: 27737188K) is a company from RANDERS. The company reported a net sales of 869.3 mDKK in 2023, demonstrating a decline of -7.6 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 37.2 mDKK), while net earnings were 44.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.7 %, 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. VTB HOLDING A/S's liquidity measured by quick ratio was 2.4 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales852.93973.991 016.19941.23869.32
Gross profit205.06257.70276.48236.56191.06
EBIT51.2098.25108.4172.3737.19
Net earnings45.0978.9795.9636.0544.13
Shareholders equity total506.45552.12580.93590.23609.80
Balance sheet total (assets)657.75740.08759.10758.98774.49
Net debt- 153.24- 203.25
Profitability
EBIT-%6.0 %10.1 %10.7 %7.7 %4.3 %
ROA7.8 %14.1 %14.5 %10.2 %7.7 %
ROE9.1 %14.9 %16.9 %6.3 %7.6 %
ROI8.5 %14.1 %14.5 %11.2 %9.4 %
Economic value added (EVA)30.5572.8080.6726.988.73
Solvency
Equity ratio100.0 %100.0 %100.0 %77.8 %78.7 %
Gearing6.0 %3.4 %
Relative net indebtedness %-2.1 %-6.8 %
Liquidity
Quick ratio2.32.4
Current ratio4.03.8
Cash and cash equivalents188.78224.14
Capital use efficiency
Trade debtors turnover (days)35.135.7
Net working capital %30.0 %32.3 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:7.72%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.7%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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