VR Technologies ApS — Credit Rating and Financial Key Figures

VR Technologies ApS (CVR number: 42031429) is a company from HØRSHOLM. The company recorded a gross profit of 15.5 kDKK in 2023. The operating profit was 15.5 kDKK, while net earnings were -3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.7 %, 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. VR Technologies ApS's liquidity measured by quick ratio was 1.3 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.