Vassard Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40758739
Kongelundsvej 92 G, 2300 København S

Credit rating

Company information

Official name
Vassard Holding ApS
Established
2019
Company form
Private limited company
Industry

About Vassard Holding ApS

Vassard Holding ApS (CVR number: 40758739) is a company from KØBENHAVN. The company recorded a gross profit of -21.5 kDKK in 2023. The operating profit was -21.5 kDKK, while net earnings were 2154.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 37.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Vassard Holding ApS's liquidity measured by quick ratio was 110.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.00-7.50-7.50-21.54
EBIT-5.00-7.50-7.50-21.54
Net earnings-8.53-9.904 840.012 154.69
Shareholders equity total31.4721.574 711.586 748.47
Balance sheet total (assets)75.1975.194 719.086 809.97
Net debt38.5347.18-4 569.08-6 809.97
Profitability
EBIT-%
ROA-6.6 %-10.0 %202.5 %38.3 %
ROE-27.1 %-37.3 %204.5 %37.6 %
ROI-7.1 %-10.8 %203.1 %38.5 %
Economic value added (EVA)-5.00-11.03-10.96- 257.79
Solvency
Equity ratio41.9 %28.7 %99.8 %99.1 %
Gearing123.0 %219.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.0609.2110.7
Current ratio0.00.0609.2110.7
Cash and cash equivalents0.190.184 569.086 809.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:38.3%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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