V BUSINESS DEVELOPMENT A/S
Credit rating
Company information
About V BUSINESS DEVELOPMENT A/S
V BUSINESS DEVELOPMENT A/S (CVR number: 28681011K) is a company from KØBENHAVN. The company reported a net sales of 232 mDKK in 2022, demonstrating a growth of 25.2 % compared to the previous year. The operating profit percentage was at 35.9 % (EBIT: 83.3 mDKK), while net earnings were 58.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.5 %, which can be considered excellent and Return on Equity (ROE) was 108 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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. V BUSINESS DEVELOPMENT A/S's liquidity measured by quick ratio was 2.7 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 366.42 | 463.90 | 69.72 | 185.37 | 232.02 |
Gross profit | 244.69 | 316.87 | 254.41 | 100.36 | 152.35 |
EBIT | 13.49 | 89.33 | 198.28 | 38.60 | 83.27 |
Net earnings | 7.01 | 64.25 | 205.25 | 34.53 | 58.32 |
Shareholders equity total | 61.70 | 114.18 | 36.28 | 64.03 | 79.15 |
Balance sheet total (assets) | 189.65 | 309.42 | 205.73 | 291.61 | 215.57 |
Net debt | -47.41 | - 133.30 | -76.89 | - 133.17 | -87.22 |
Profitability | |||||
EBIT-% | 3.7 % | 19.3 % | 284.4 % | 20.8 % | 35.9 % |
ROA | 7.4 % | 37.4 % | 77.8 % | 16.1 % | 32.5 % |
ROE | 19.8 % | 192.1 % | 666.8 % | 105.7 % | 108.0 % |
ROI | 19.3 % | 74.0 % | 153.7 % | 44.3 % | 64.2 % |
Economic value added (EVA) | 9.60 | 68.89 | 202.00 | 41.50 | 68.39 |
Solvency | |||||
Equity ratio | 33.9 % | 36.9 % | 17.6 % | 22.0 % | 36.7 % |
Gearing | 3.9 % | 3.1 % | 47.5 % | ||
Relative net indebtedness % | 19.0 % | 3.4 % | 74.8 % | 32.9 % | -12.5 % |
Liquidity | |||||
Quick ratio | 1.4 | 2.2 | 1.6 | 1.4 | 2.7 |
Current ratio | 1.3 | 2.2 | 1.6 | 1.4 | 2.7 |
Cash and cash equivalents | 49.83 | 133.30 | 78.03 | 133.17 | 124.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 96.4 | 101.6 | 206.8 | 125.3 | 49.7 |
Net working capital % | 5.7 % | 28.5 % | 72.8 % | 29.9 % | 51.6 % |
Credit risk | |||||
Credit rating | BBB | A | BB | A | AA |
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