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V BUSINESS DEVELOPMENT A/S — Credit Rating and Financial Key Figures
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 352.6 mDKK in 2024, demonstrating a growth of 29.2 % compared to the previous year. The operating profit percentage was at 29.6 % (EBIT: 104.3 mDKK), while net earnings were 81.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33 %, which can be considered excellent and Return on Equity (ROE) was 106 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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 1.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 69.72 | 185.37 | 232.02 | 273.02 | 352.64 |
| Gross profit | 69.72 | 185.37 | 232.02 | 183.41 | 211.17 |
| EBIT | 6.14 | 34.22 | 83.27 | 96.41 | 104.26 |
| Net earnings | 205.25 | 34.53 | 58.32 | 69.96 | 81.61 |
| Shareholders equity total | 36.28 | 64.03 | 79.15 | 81.71 | 110.64 |
| Balance sheet total (assets) | 205.73 | 291.61 | 215.57 | 249.54 | 408.62 |
| Net debt | - 142.72 | - 150.22 | |||
| Profitability | |||||
| EBIT-% | 8.8 % | 18.5 % | 35.9 % | 35.3 % | 29.6 % |
| ROA | 2.4 % | 13.8 % | 32.8 % | 40.1 % | 33.0 % |
| ROE | 272.8 % | 68.8 % | 81.5 % | 97.6 % | 106.0 % |
| ROI | 2.4 % | 13.8 % | 32.8 % | 45.9 % | 54.6 % |
| Economic value added (EVA) | 0.40 | 32.40 | 80.05 | 72.54 | 70.52 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 32.7 % | 27.1 % |
| Gearing | 33.8 % | ||||
| Relative net indebtedness % | -30.8 % | 14.4 % | |||
| Liquidity | |||||
| Quick ratio | 3.3 | 1.9 | |||
| Current ratio | 3.3 | 1.9 | |||
| Cash and cash equivalents | 170.37 | 150.22 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 55.4 | 73.7 | |||
| Net working capital % | 60.5 % | 52.6 % | |||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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