Vgaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vgaard Holding ApS
Vgaard Holding ApS (CVR number: 29827753) is a company from AARHUS. The company recorded a gross profit of -14.5 kDKK in 2023. The operating profit was -14.5 kDKK, while net earnings were 564.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.6 %, which can be considered excellent and Return on Equity (ROE) was 171.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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. Vgaard Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.00 | -5.00 | -10.38 | -9.13 | -14.50 |
EBIT | -5.00 | -5.00 | -10.38 | -9.13 | -14.50 |
Net earnings | 100.75 | 223.77 | 466.35 | 567.52 | 564.68 |
Shareholders equity total | 131.42 | 205.19 | 191.54 | 201.86 | 457.64 |
Balance sheet total (assets) | 1 010.78 | 1 079.39 | 1 111.92 | 1 121.12 | 1 916.21 |
Net debt | 833.73 | 713.62 | 650.15 | 769.69 | 1 440.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.1 % | 23.4 % | 44.7 % | 52.9 % | 38.6 % |
ROE | 74.6 % | 133.0 % | 235.1 % | 288.5 % | 171.2 % |
ROI | 12.5 % | 26.0 % | 55.4 % | 64.3 % | 40.5 % |
Economic value added (EVA) | 34.81 | 36.60 | 28.46 | 30.25 | 1.11 |
Solvency | |||||
Equity ratio | 13.0 % | 19.0 % | 17.2 % | 18.0 % | 23.9 % |
Gearing | 635.5 % | 348.6 % | 341.6 % | 391.0 % | 316.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.2 | 0.2 | 0.2 | 0.6 |
Current ratio | 0.1 | 0.2 | 0.2 | 0.2 | 0.6 |
Cash and cash equivalents | 1.39 | 1.73 | 4.12 | 19.50 | 7.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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