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: 21599336) is a company from KØBENHAVN. The company reported a net sales of 568 mDKK in 2023, demonstrating a growth of 4.7 % compared to the previous year. The operating profit percentage was at 45.8 % (EBIT: 260 mDKK), while net earnings were 212.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 37 %, which can be considered excellent and Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VP SECURITIES A/S's liquidity measured by quick ratio was 6.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 542 769.00 | 568 049.00 | |||
Gross profit | 407 610.00 | 429 222.00 | |||
EBIT | 38 374.00 | 134 331.00 | 182 468.00 | 242 411.00 | 259 985.00 |
Net earnings | 23 561.00 | 105 453.00 | 139 232.00 | 174 426.00 | 212 523.00 |
Shareholders equity total | 595 187.00 | 686 880.00 | 587 353.00 | 609 170.00 | 641 541.00 |
Balance sheet total (assets) | 747 903.00 | 841 057.00 | 697 697.00 | 721 525.00 | 765 199.00 |
Net debt | - 420 800.00 | - 404 049.00 | |||
Profitability | |||||
EBIT-% | 44.7 % | 45.8 % | |||
ROA | 5.2 % | 16.9 % | 23.7 % | 34.6 % | 37.0 % |
ROE | 3.8 % | 16.5 % | 21.9 % | 29.2 % | 34.0 % |
ROI | 5.4 % | 16.9 % | 23.7 % | 34.8 % | 37.3 % |
Economic value added (EVA) | 41 979.44 | 104 422.85 | 147 952.28 | 159 320.43 | 203 663.16 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 83.0 % | 82.9 % |
Gearing | 11.3 % | 13.8 % | |||
Relative net indebtedness % | -69.5 % | -65.0 % | |||
Liquidity | |||||
Quick ratio | 7.6 | 6.1 | |||
Current ratio | 7.6 | 6.1 | |||
Cash and cash equivalents | 489 835.00 | 492 815.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 46.7 | 41.2 | |||
Net working capital % | 55.6 % | 32.0 % | |||
Credit risk | |||||
Credit rating | A | BBB | BBB | AA | AA |
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