V BUSINESS DEVELOPMENT A/S
Credit rating
Company information
About V BUSINESS DEVELOPMENT A/S
V BUSINESS DEVELOPMENT A/S (CVR number: 28681011) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2022, demonstrating a decline of -99.5 % compared to the previous year. The operating profit percentage was poor at -489.2 % (EBIT: -0.2 mDKK), while net earnings were 38.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 44.4 %, which can be considered excellent and Return on Equity (ROE) was 59.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. V BUSINESS DEVELOPMENT A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 17 264.00 | 15 664.00 | 11 049.00 | 7 172.00 | 37.00 |
Gross profit | 13 169.00 | 12 144.00 | 8 370.00 | 4 461.00 | - 147.00 |
EBIT | 1 503.00 | 964.00 | - 359.00 | 387.00 | - 181.00 |
Net earnings | - 109.00 | 26 616.00 | 27 059.00 | 41 258.00 | 38 539.00 |
Shareholders equity total | 25 240.00 | 41 641.00 | 19 927.00 | 59 289.00 | 69 870.00 |
Balance sheet total (assets) | 36 955.00 | 84 133.00 | 33 679.00 | 82 757.00 | 91 006.00 |
Net debt | -5 285.00 | -9 792.00 | -6 728.00 | -11 637.00 | -6 715.00 |
Profitability | |||||
EBIT-% | 8.7 % | 6.2 % | -3.2 % | 5.4 % | -489.2 % |
ROA | 1.4 % | 44.1 % | 44.8 % | 56.6 % | 44.4 % |
ROE | -0.3 % | 79.6 % | 87.9 % | 104.2 % | 59.7 % |
ROI | 1.5 % | 63.0 % | 66.4 % | 75.8 % | 59.7 % |
Economic value added (EVA) | 2 363.33 | 1 206.47 | 597.00 | 488.89 | 230.52 |
Solvency | |||||
Equity ratio | 68.3 % | 49.5 % | 59.2 % | 71.6 % | 76.8 % |
Gearing | 0.0 % | 2.5 % | |||
Relative net indebtedness % | -6.7 % | 148.4 % | -5.9 % | 165.0 % | 38975.7 % |
Liquidity | |||||
Quick ratio | 2.5 | 1.2 | 2.1 | 1.5 | 1.3 |
Current ratio | 2.5 | 1.2 | 2.1 | 1.5 | 1.3 |
Cash and cash equivalents | 5 292.00 | 10 849.00 | 6 728.00 | 11 637.00 | 6 715.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.4 | 2.7 | |||
Net working capital % | 36.9 % | 51.7 % | 58.4 % | 151.7 % | 18062.2 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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