VikarRingenDK ApS — Credit Rating and Financial Key Figures

CVR number: 38635344
Naverland 2, 2600 Glostrup
tel: 61686169

Credit rating

Company information

Official name
VikarRingenDK ApS
Established
2017
Company form
Private limited company
Industry

About VikarRingenDK ApS

VikarRingenDK ApS (CVR number: 38635344) is a company from ALBERTSLUND. The company recorded a gross profit of 434.5 kDKK in 2022. The operating profit was 434.5 kDKK, while net earnings were 292 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 79.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.1 %, 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. VikarRingenDK ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit224.10129.2154.75422.07434.48
EBIT224.10129.2154.75422.07434.48
Net earnings173.97101.76112.65337.81291.98
Shareholders equity total203.98155.74193.38388.19342.37
Balance sheet total (assets)2 049.641 761.051 743.743 446.872 822.84
Net debt638.34154.16238.5124.79676.22
Profitability
EBIT-%
ROA16.5 %7.6 %11.8 %20.0 %14.3 %
ROE148.7 %56.6 %64.5 %116.2 %79.9 %
ROI22.2 %7.9 %12.5 %21.2 %15.3 %
Economic value added (EVA)188.14146.68103.09381.21460.05
Solvency
Equity ratio10.0 %8.8 %11.1 %11.3 %12.1 %
Gearing869.5 %970.6 %760.4 %728.4 %667.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.11.11.1
Current ratio1.11.11.11.11.1
Cash and cash equivalents1 135.301 357.461 231.862 802.641 608.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:14.3%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.1%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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