VP SECURITIES A/S — Credit Rating and Financial Key Figures

CVR number: 21599336
Nicolai Eigtveds Gade 8, 1402 København K
vp@vp.dk
tel: 43712003

Company information

Official name
VP SECURITIES A/S
Personnel
148 persons
Established
1999
Company form
Limited company
Industry

About VP SECURITIES A/S

VP SECURITIES A/S (CVR number: 21599336K) is a company from KØBENHAVN. The company reported a net sales of 438.4 mDKK in 2017, demonstrating a growth of 5.9 % compared to the previous year. The operating profit percentage was at 36.6 % (EBIT: 160.7 mDKK), while net earnings were 130 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.9 %, which can be considered excellent and Return on Equity (ROE) was 27.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VP SECURITIES A/S's liquidity measured by quick ratio was 7.2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2013
2014
2015
2016
2017
Volume
Net sales366.12398.80411.28413.83438.44
Gross profit252.43246.18285.30301.10311.96
EBIT90.1080.86160.50160.30160.68
Net earnings68.5263.10122.57127.23130.03
Shareholders equity total210.41214.41277.85405.08535.11
Balance sheet total (assets)267.22279.84347.30485.94636.09
Net debt- 174.75- 321.87- 376.83
Profitability
EBIT-%39.0 %38.7 %36.6 %
ROA51.8 %39.5 %29.9 %
ROE49.8 %37.3 %27.7 %
ROI63.9 %45.8 %33.6 %
Economic value added (EVA)67.5250.40113.19110.18104.23
Solvency
Equity ratio80.0 %83.4 %79.2 %
Gearing
Relative net indebtedness %-29.4 %-63.1 %-62.9 %
Liquidity
Quick ratio4.86.37.2
Current ratio4.86.37.2
Cash and cash equivalents190.43207.00174.75321.87376.83
Capital use efficiency
Trade debtors turnover (days)38.837.234.4
Net working capital %25.9 %41.1 %31.1 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:29.9%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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