VMG Handel ApS — Credit Rating and Financial Key Figures

CVR number: 37596701
Gungervej 4, Mou Kær 9460 Brovst

Credit rating

Company information

Official name
VMG Handel ApS
Personnel
1 person
Established
2016
Domicile
Mou Kær
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VMG Handel ApS

VMG Handel ApS (CVR number: 37596701) is a company from JAMMERBUGT. The company recorded a gross profit of -23.3 kDKK in 2023. The operating profit was -23.3 kDKK, while net earnings were -21.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32 %, which can be considered poor and Return on Equity (ROE) was -41.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.6 %, 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. VMG Handel ApS's liquidity measured by quick ratio was 3.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit0.00-36.76-42.85-36.68-23.35
EBIT- 113.36-11.01-53.15-44.24-23.35
Net earnings-71.2412.57-42.13-43.52-21.68
Shareholders equity total136.51149.08106.9463.4341.74
Balance sheet total (assets)210.71186.94129.4478.4356.74
Net debt-99.23- 127.19-62.24-33.99-7.28
Profitability
EBIT-%
ROA-48.8 %-5.5 %-33.6 %-41.1 %-32.0 %
ROE-41.4 %8.8 %-32.9 %-51.1 %-41.2 %
ROI-57.6 %-6.7 %-41.0 %-50.2 %-41.2 %
Economic value added (EVA)-80.58-7.61-42.38-46.49-24.82
Solvency
Equity ratio64.8 %79.7 %82.6 %80.9 %73.6 %
Gearing30.3 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.74.85.55.23.8
Current ratio2.74.85.55.23.8
Cash and cash equivalents140.64130.3562.2433.997.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-32.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.6%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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