VISMA DANMARK HOLDING A/S — Credit Rating and Financial Key Figures
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 9 mDKK in 2024, demonstrating a growth of 13.3 % compared to the previous year. The operating profit percentage was poor at -49.8 % (EBIT: -4.5 mDKK), while net earnings were 379.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 17.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. VISMA DANMARK HOLDING A/S's liquidity measured by quick ratio was 0.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 000.00 | 2 900.00 | 8 516.00 | 7 981.00 | 9 039.00 |
Gross profit | 1 000.00 | 2 900.00 | 8 516.00 | 7 981.00 | 9 039.00 |
EBIT | -1 935.00 | -5 115.00 | -1 570.00 | - 636.00 | -4 505.00 |
Net earnings | 202 206.00 | 322 694.00 | 1 572 967.00 | 150 912.00 | 379 088.00 |
Shareholders equity total | 1 599 729.00 | 1 183 356.00 | 1 838 649.00 | 1 571 150.00 | 2 667 557.00 |
Balance sheet total (assets) | 3 886 256.00 | 4 670 844.00 | 5 317 308.00 | 4 848 593.00 | 4 957 375.00 |
Net debt | 2 038 786.00 | 2 898 392.00 | 2 725 326.00 | 2 455 454.00 | 1 858 300.00 |
Profitability | |||||
EBIT-% | -193.5 % | -176.4 % | -18.4 % | -8.0 % | -49.8 % |
ROA | 7.0 % | 8.8 % | 36.4 % | 10.6 % | 11.7 % |
ROE | 13.4 % | 23.2 % | 104.1 % | 8.9 % | 17.9 % |
ROI | 7.3 % | 9.3 % | 37.8 % | 6.7 % | 13.4 % |
Economic value added (EVA) | - 169 981.55 | - 186 554.59 | - 206 944.96 | - 229 953.56 | - 206 460.65 |
Solvency | |||||
Equity ratio | 41.2 % | 25.3 % | 34.6 % | 32.4 % | 53.8 % |
Gearing | 127.4 % | 244.9 % | 148.2 % | 156.3 % | 69.7 % |
Relative net indebtedness % | 228650.8 % | 120257.7 % | 40848.4 % | 41065.4 % | 25332.0 % |
Liquidity | |||||
Quick ratio | 1.2 | 0.4 | 3.7 | 0.4 | 0.1 |
Current ratio | 1.2 | 0.4 | 3.7 | 0.4 | 0.1 |
Cash and cash equivalents | 19.00 | 15.00 | 11.00 | 12.00 | 55.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 4774.5 % | -7851.9 % | 8545.9 % | -4589.9 % | -4223.1 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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