VENDSYSSEL FF ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VENDSYSSEL FF ApS
VENDSYSSEL FF ApS (CVR number: 33046421) is a company from HJØRRING. The company recorded a gross profit of 13.9 mDKK in 2023. The operating profit was -9859.8 kDKK, while net earnings were -7759.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -66.8 %, which can be considered poor and Return on Equity (ROE) was -164.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.1 %, 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. VENDSYSSEL FF ApS's liquidity measured by quick ratio was 1.7 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 | |||||
Gross profit | 9 615.89 | 17 089.69 | 3 948.68 | 9 114.45 | 13 924.49 |
EBIT | -7 951.25 | -1 998.97 | -7 630.99 | -15 657.57 | -9 859.84 |
Net earnings | -7 054.09 | -2 235.47 | -8 766.66 | -8 145.87 | -7 759.70 |
Shareholders equity total | -8 167.64 | -5 703.11 | -14 469.77 | 6 129.90 | 3 320.20 |
Balance sheet total (assets) | 11 428.08 | 7 841.20 | 9 697.42 | 15 790.04 | 13 750.08 |
Net debt | 2 210.97 | 5 733.34 | 7 723.28 | 1 564.85 | 2 817.89 |
Profitability | |||||
EBIT-% | |||||
ROA | -46.1 % | -12.1 % | -40.5 % | -52.2 % | -66.8 % |
ROE | -56.1 % | -23.2 % | -100.0 % | -102.9 % | -164.2 % |
ROI | -144.3 % | -29.8 % | -77.8 % | -98.9 % | -126.2 % |
Economic value added (EVA) | -6 543.87 | -1 447.39 | -8 000.42 | -11 193.49 | -7 959.92 |
Solvency | |||||
Equity ratio | -41.7 % | -42.1 % | -59.9 % | 38.8 % | 24.1 % |
Gearing | -61.5 % | -108.4 % | -78.5 % | 36.0 % | 102.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 1.1 | 0.6 | 2.2 | 1.7 |
Current ratio | 0.6 | 1.1 | 0.6 | 2.2 | 1.7 |
Cash and cash equivalents | 2 809.03 | 451.47 | 3 641.38 | 640.26 | 591.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | B | BBB | BBB |
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