VG Innovation ApS — Credit Rating and Financial Key Figures

VG Innovation ApS (CVR number: 40468544) is a company from SOLRØD. The company recorded a gross profit of -11.1 kDKK in 2023. The operating profit was -11.1 kDKK, while net earnings were -12.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -66.1 %, which can be considered poor and Return on Equity (ROE) was -197.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VG Innovation ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.