VP SECURITIES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2013 | 2014 | 2015 | 2016 | 2017 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 366.12 | 398.80 | 411.28 | 413.83 | 438.44 |
Gross profit | 252.43 | 246.18 | 285.30 | 301.10 | 311.96 |
EBIT | 90.10 | 80.86 | 160.50 | 160.30 | 160.68 |
Net earnings | 68.52 | 63.10 | 122.57 | 127.23 | 130.03 |
Shareholders equity total | 210.41 | 214.41 | 277.85 | 405.08 | 535.11 |
Balance sheet total (assets) | 267.22 | 279.84 | 347.30 | 485.94 | 636.09 |
Net debt | - 174.75 | - 321.87 | - 376.83 | ||
Profitability | |||||
EBIT-% | 39.0 % | 38.7 % | 36.6 % | ||
ROA | 51.8 % | 39.5 % | 29.9 % | ||
ROE | 49.8 % | 37.3 % | 27.7 % | ||
ROI | 63.9 % | 45.8 % | 33.6 % | ||
Economic value added (EVA) | 67.52 | 50.40 | 113.19 | 110.18 | 104.23 |
Solvency | |||||
Equity ratio | 80.0 % | 83.4 % | 79.2 % | ||
Gearing | |||||
Relative net indebtedness % | -29.4 % | -63.1 % | -62.9 % | ||
Liquidity | |||||
Quick ratio | 4.8 | 6.3 | 7.2 | ||
Current ratio | 4.8 | 6.3 | 7.2 | ||
Cash and cash equivalents | 190.43 | 207.00 | 174.75 | 321.87 | 376.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.8 | 37.2 | 34.4 | ||
Net working capital % | 25.9 % | 41.1 % | 31.1 % | ||
Credit risk | |||||
Credit rating | A | AA | AA |
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