VMG Handel ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 0.00 | -36.76 | -42.85 | -36.68 | -23.35 |
EBIT | - 113.36 | -11.01 | -53.15 | -44.24 | -23.35 |
Net earnings | -71.24 | 12.57 | -42.13 | -43.52 | -21.68 |
Shareholders equity total | 136.51 | 149.08 | 106.94 | 63.43 | 41.74 |
Balance sheet total (assets) | 210.71 | 186.94 | 129.44 | 78.43 | 56.74 |
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 ratio | 64.8 % | 79.7 % | 82.6 % | 80.9 % | 73.6 % |
Gearing | 30.3 % | 2.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 4.8 | 5.5 | 5.2 | 3.8 |
Current ratio | 2.7 | 4.8 | 5.5 | 5.2 | 3.8 |
Cash and cash equivalents | 140.64 | 130.35 | 62.24 | 33.99 | 7.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | B | BB |
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