VIRITECH HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VIRITECH HOLDING ApS
VIRITECH HOLDING ApS (CVR number: 34230218) is a company from FREDERIKSHAVN. The company recorded a gross profit of -4.4 kDKK in 2023. The operating profit was -4.4 kDKK, while net earnings were 18.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VIRITECH HOLDING ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.63 | -3.13 | -4.44 | -4.69 | -4.38 |
EBIT | -2.63 | -3.13 | -4.44 | -4.69 | -4.38 |
Net earnings | 100.22 | 114.25 | -86.33 | -81.52 | 18.20 |
Shareholders equity total | 342.59 | 356.84 | 180.51 | 98.99 | 117.19 |
Balance sheet total (assets) | 345.59 | 442.33 | 339.01 | 262.29 | 284.13 |
Net debt | - 264.41 | - 281.35 | - 107.39 | -22.68 | -40.84 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.3 % | 29.8 % | -1.0 % | -1.6 % | 8.0 % |
ROE | 29.5 % | 32.7 % | -32.1 % | -58.3 % | 16.8 % |
ROI | 29.5 % | 30.1 % | -1.0 % | -1.6 % | 8.2 % |
Economic value added (EVA) | -6.78 | -2.99 | -0.14 | 3.26 | 3.81 |
Solvency | |||||
Equity ratio | 99.1 % | 80.7 % | 53.2 % | 37.7 % | 41.2 % |
Gearing | 22.7 % | 83.9 % | 160.9 % | 139.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 88.5 | 4.2 | 1.6 | 1.1 | 1.2 |
Current ratio | 88.5 | 4.2 | 1.6 | 1.1 | 1.2 |
Cash and cash equivalents | 264.41 | 362.33 | 258.89 | 181.97 | 203.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
Variable visualization
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