VKAREN II ApS — Credit Rating and Financial Key Figures

CVR number: 31854873
Lerchesgade 31, 5000 Odense C
vkaren@vkaren.dk
tel: 70152010
www.vkaren.dk

Credit rating

Company information

Official name
VKAREN II ApS
Personnel
122 persons
Established
2008
Company form
Private limited company
Industry
  • Expand more icon78Employment activities

About VKAREN II ApS

VKAREN II ApS (CVR number: 31854873) is a company from ODENSE. The company recorded a gross profit of 2991.2 kDKK in 2023. The operating profit was 158.6 kDKK, while net earnings were 121.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was 28.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VKAREN II ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 150.152 377.592 901.843 419.342 991.23
EBIT- 806.25567.02160.44178.82158.55
Net earnings- 627.42432.41117.40131.87121.11
Shareholders equity total- 316.02116.39233.79365.67486.77
Balance sheet total (assets)4 349.928 430.488 925.886 308.478 494.56
Net debt3 159.513 222.183 788.672 872.205 650.93
Profitability
EBIT-%
ROA-16.5 %8.7 %1.9 %2.4 %2.1 %
ROE-26.9 %19.4 %67.1 %44.0 %28.4 %
ROI-25.5 %15.0 %3.5 %4.3 %3.2 %
Economic value added (EVA)- 597.59466.91159.84173.96121.58
Solvency
Equity ratio-6.8 %1.4 %2.6 %5.8 %5.7 %
Gearing-1056.3 %3466.6 %2016.3 %875.1 %1189.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.01.11.1
Current ratio0.91.01.01.11.1
Cash and cash equivalents178.52812.67925.22327.58138.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.15%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.73%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2025-02-10T13:58:57.276Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.