VESSEL PERFORMANCE SOLUTIONS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESSEL PERFORMANCE SOLUTIONS ApS
VESSEL PERFORMANCE SOLUTIONS ApS (CVR number: 36064412) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 24.3 mDKK in 2023, demonstrating a growth of 32.8 % compared to the previous year. The operating profit percentage was at 28.2 % (EBIT: 6.9 mDKK), while net earnings were 5280.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53.1 %, which can be considered excellent and Return on Equity (ROE) was 58.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. VESSEL PERFORMANCE SOLUTIONS ApS's liquidity measured by quick ratio was 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 12 343.06 | 14 612.90 | 15 905.56 | 18 320.77 | 24 324.79 |
Gross profit | 9 177.79 | 9 487.58 | 10 295.50 | 13 337.98 | 18 582.06 |
EBIT | 2 423.98 | 2 380.53 | 2 756.78 | 4 178.14 | 6 858.86 |
Net earnings | 1 849.75 | 1 792.32 | 2 065.80 | 3 177.58 | 5 280.64 |
Shareholders equity total | 4 049.32 | 5 620.43 | 5 460.24 | 7 637.81 | 10 290.95 |
Balance sheet total (assets) | 8 641.80 | 9 463.65 | 8 831.81 | 10 768.21 | 15 082.29 |
Net debt | -2 308.96 | -3 912.41 | -4 315.41 | -4 366.11 | -5 868.16 |
Profitability | |||||
EBIT-% | 19.6 % | 16.3 % | 17.3 % | 22.8 % | 28.2 % |
ROA | 34.9 % | 26.3 % | 30.1 % | 42.6 % | 53.1 % |
ROE | 56.9 % | 37.1 % | 37.3 % | 48.5 % | 58.9 % |
ROI | 67.1 % | 46.8 % | 49.7 % | 63.7 % | 76.5 % |
Economic value added (EVA) | 1 896.67 | 1 766.04 | 2 050.33 | 3 184.94 | 5 171.71 |
Solvency | |||||
Equity ratio | 53.4 % | 70.2 % | 72.1 % | 77.0 % | 74.2 % |
Gearing | 0.2 % | ||||
Relative net indebtedness % | 18.0 % | -0.5 % | -6.0 % | -6.7 % | -4.4 % |
Liquidity | |||||
Quick ratio | 3.5 | 5.2 | 5.6 | 7.4 | 7.0 |
Current ratio | 2.4 | 2.9 | 3.1 | 4.7 | 4.5 |
Cash and cash equivalents | 2 308.96 | 3 912.41 | 4 327.90 | 4 366.11 | 5 868.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 132.9 | 120.8 | 95.1 | 120.9 | 123.8 |
Net working capital % | 41.4 % | 42.4 % | 37.6 % | 46.2 % | 48.1 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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