VTB HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VTB HOLDING A/S
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 852.93 | 973.99 | 1 016.19 | 941.23 | 869.32 |
Gross profit | 205.06 | 257.70 | 276.48 | 236.56 | 191.06 |
EBIT | 51.20 | 98.25 | 108.41 | 72.37 | 37.19 |
Net earnings | 45.09 | 78.97 | 95.96 | 36.05 | 44.13 |
Shareholders equity total | 506.45 | 552.12 | 580.93 | 590.23 | 609.80 |
Balance sheet total (assets) | 657.75 | 740.08 | 759.10 | 758.98 | 774.49 |
Net debt | - 153.24 | - 203.25 | |||
Profitability | |||||
EBIT-% | 6.0 % | 10.1 % | 10.7 % | 7.7 % | 4.3 % |
ROA | 7.8 % | 14.1 % | 14.5 % | 10.2 % | 7.7 % |
ROE | 9.1 % | 14.9 % | 16.9 % | 6.3 % | 7.6 % |
ROI | 8.5 % | 14.1 % | 14.5 % | 11.2 % | 9.4 % |
Economic value added (EVA) | 30.55 | 72.80 | 80.67 | 26.98 | 8.73 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 77.8 % | 78.7 % |
Gearing | 6.0 % | 3.4 % | |||
Relative net indebtedness % | -2.1 % | -6.8 % | |||
Liquidity | |||||
Quick ratio | 2.3 | 2.4 | |||
Current ratio | 4.0 | 3.8 | |||
Cash and cash equivalents | 188.78 | 224.14 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.1 | 35.7 | |||
Net working capital % | 30.0 % | 32.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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