Credit rating
Company information
About VISMA DANMARK HOLDING A/S
VISMA DANMARK HOLDING A/S (CVR number: 28854889) is a company from KØBENHAVN. The company reported a net sales of 8 mDKK in 2023, demonstrating a decline of -6.3 % compared to the previous year. The operating profit percentage was poor at -36.5 % (EBIT: -2.9 mDKK), while net earnings were 150.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VISMA DANMARK HOLDING A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 11.00 | 1 000.00 | 2 900.00 | 8 516.00 | 7 981.00 |
Gross profit | 11.00 | 1 000.00 | 2 900.00 | 8 516.00 | 7 981.00 |
EBIT | -1 926.00 | -1 935.00 | -5 115.00 | -1 570.00 | -2 917.00 |
Net earnings | 302 628.00 | 202 206.00 | 322 694.00 | 1 572 967.00 | 150 912.00 |
Shareholders equity total | 1 409 988.00 | 1 599 729.00 | 1 183 356.00 | 1 838 649.00 | 1 571 150.00 |
Balance sheet total (assets) | 3 522 492.00 | 3 886 256.00 | 4 670 844.00 | 5 317 308.00 | 4 848 593.00 |
Net debt | 1 938 186.00 | 2 038 786.00 | 2 898 392.00 | 2 725 326.00 | 2 455 454.00 |
Profitability | |||||
EBIT-% | -17509.1 % | -193.5 % | -176.4 % | -18.4 % | -36.5 % |
ROA | 10.8 % | 7.0 % | 8.8 % | 36.4 % | 10.6 % |
ROE | 24.1 % | 13.4 % | 23.2 % | 104.1 % | 8.9 % |
ROI | 11.3 % | 7.3 % | 9.3 % | 37.8 % | 6.6 % |
Economic value added (EVA) | 10 193.02 | -3 949.32 | -5 303.04 | 27 223.35 | -61 432.63 |
Solvency | |||||
Equity ratio | 40.0 % | 41.2 % | 25.3 % | 34.6 % | 32.4 % |
Gearing | 137.5 % | 127.4 % | 244.9 % | 148.2 % | 156.3 % |
Relative net indebtedness % | 19204572.7 % | 228650.8 % | 120257.7 % | 40848.4 % | 41065.4 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.2 | 0.4 | 3.7 | 0.4 |
Current ratio | 1.5 | 1.2 | 0.4 | 3.7 | 0.4 |
Cash and cash equivalents | 1.00 | 19.00 | 15.00 | 11.00 | 12.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 662136.4 % | 4774.5 % | -7851.9 % | 8545.9 % | -4589.9 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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