VITECO ApS — Credit Rating and Financial Key Figures

CVR number: 33885989
Gothersgade 42, 1123 København K
info@viteco.dk
tel: 55557938
viteco.dk

Credit rating

Company information

Official name
VITECO ApS
Personnel
7 persons
Established
2011
Company form
Private limited company
Industry

About VITECO ApS

VITECO ApS (CVR number: 33885989) is a company from KØBENHAVN. The company reported a net sales of 6.6 mDKK in 2023, demonstrating a growth of 9.6 % compared to the previous year. The operating profit percentage was at 19.1 % (EBIT: 1.3 mDKK), while net earnings were 1038.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.6 %, which can be considered excellent and Return on Equity (ROE) was 59.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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. VITECO ApS's liquidity measured by quick ratio was 3.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales7 155.175 564.036 140.496 008.116 587.03
Gross profit5 365.614 053.144 392.434 399.235 335.78
EBIT-8.11-32.5139.44915.391 256.31
Net earnings0.825.8323.50702.551 038.35
Shareholders equity total749.70755.53940.361 417.832 063.52
Balance sheet total (assets)1 369.392 109.582 282.912 586.483 058.31
Net debt- 449.40-1 083.00- 564.65-1 250.14-2 019.05
Profitability
EBIT-%-0.1 %-0.6 %0.6 %15.2 %19.1 %
ROA0.5 %1.0 %1.8 %37.6 %44.6 %
ROE0.1 %0.8 %2.8 %59.6 %59.7 %
ROI1.1 %2.3 %4.7 %77.6 %72.2 %
Economic value added (EVA)-55.96-40.1447.52695.431 036.59
Solvency
Equity ratio54.7 %35.8 %41.2 %54.8 %67.5 %
Gearing0.1 %
Relative net indebtedness %2.4 %4.9 %12.7 %-1.4 %-15.6 %
Liquidity
Quick ratio2.21.61.72.23.1
Current ratio2.21.61.72.23.1
Cash and cash equivalents449.401 083.00564.651 250.142 021.72
Capital use efficiency
Trade debtors turnover (days)40.855.995.672.548.9
Net working capital %10.5 %13.6 %15.3 %23.6 %31.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:44.6%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.5%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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