VVJ Farming ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VVJ Farming ApS
VVJ Farming ApS (CVR number: 39808048) is a company from VIBORG. The company recorded a gross profit of -396.8 kDKK in 2023. The operating profit was -396.8 kDKK, while net earnings were -320.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -95.3 %, which can be considered poor and Return on Equity (ROE) was -424.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.9 %, 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. VVJ Farming ApS's liquidity measured by quick ratio was 1.4 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 | -1 223.02 | -1 177.38 | -1 578.33 | 614.66 | - 396.81 |
EBIT | -1 223.02 | -1 177.38 | -1 736.11 | 670.82 | - 396.81 |
Net earnings | - 986.12 | - 995.14 | -1 456.34 | 454.23 | - 320.30 |
Shareholders equity total | -1 242.18 | -2 237.32 | -3 693.66 | 60.57 | 90.27 |
Balance sheet total (assets) | 874.67 | 1 434.38 | 1 582.86 | 652.21 | 180.77 |
Net debt | 1 540.76 | 3 639.81 | 4 902.74 | 483.31 | 45.66 |
Profitability | |||||
EBIT-% | |||||
ROA | -71.0 % | -40.7 % | -38.8 % | 24.4 % | -95.3 % |
ROE | -101.4 % | -86.2 % | -96.5 % | 55.3 % | -424.7 % |
ROI | -96.2 % | -44.8 % | -40.3 % | 26.1 % | -107.5 % |
Economic value added (EVA) | - 891.58 | - 852.51 | -1 241.66 | 712.49 | - 310.80 |
Solvency | |||||
Equity ratio | -58.7 % | -60.9 % | -70.0 % | 9.3 % | 49.9 % |
Gearing | -128.9 % | -163.4 % | -134.5 % | 855.9 % | 76.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.3 | 1.0 | 1.4 |
Current ratio | 0.4 | 0.4 | 0.3 | 1.0 | 1.4 |
Cash and cash equivalents | 60.76 | 16.81 | 66.55 | 35.08 | 23.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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