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VI MARTIN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VI MARTIN ApS
VI MARTIN ApS (CVR number: 35676171) is a company from RØDOVRE. The company recorded a gross profit of 922.8 kDKK in 2024. The operating profit was -64.7 kDKK, while net earnings were -17.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.7 %, 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. VI MARTIN ApS's liquidity measured by quick ratio was 3.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 314.67 | 1 721.32 | 1 980.10 | 1 094.47 | 922.82 |
| EBIT | 191.92 | 313.13 | 387.68 | 10.34 | -64.71 |
| Net earnings | 119.81 | 192.94 | 331.95 | 58.20 | -17.08 |
| Shareholders equity total | 2 750.96 | 2 830.90 | 3 162.85 | 3 221.05 | 3 203.97 |
| Balance sheet total (assets) | 5 260.80 | 5 062.19 | 5 703.78 | 4 676.68 | 4 347.38 |
| Net debt | -3 099.50 | -1 304.25 | - 312.13 | 292.42 | -93.99 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.3 % | 6.6 % | 8.3 % | 2.2 % | 0.2 % |
| ROE | 4.4 % | 6.9 % | 11.1 % | 1.8 % | -0.5 % |
| ROI | 7.0 % | 11.7 % | 13.3 % | 3.1 % | 0.3 % |
| Economic value added (EVA) | 10.16 | 94.51 | 153.86 | - 174.40 | - 251.44 |
| Solvency | |||||
| Equity ratio | 52.3 % | 59.0 % | 55.5 % | 68.9 % | 73.7 % |
| Gearing | 0.5 % | 9.0 % | 14.6 % | 18.9 % | 3.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 1.6 | 1.6 | 2.0 | 3.5 |
| Current ratio | 2.0 | 1.4 | 1.6 | 2.0 | 3.8 |
| Cash and cash equivalents | 3 113.77 | 1 559.79 | 774.79 | 315.77 | 201.61 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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