Vove International ApS — Credit Rating and Financial Key Figures

CVR number: 41372257
Amager Strandvej 22 B, 2300 København S

Credit rating

Company information

Official name
Vove International ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry
  • Expand more icon475520

About Vove International ApS

Vove International ApS (CVR number: 41372257) is a company from KØBENHAVN. The company recorded a gross profit of 431.8 kDKK in 2024. The operating profit was 187.6 kDKK, while net earnings were 74.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Vove International ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales1 251.91
Gross profit996.1369.30- 328.01431.85
EBIT108.24- 106.73- 580.63187.59
Net earnings94.03- 122.90- 640.3974.72
Shareholders equity total252.761 024.47384.07558.79
Balance sheet total (assets)387.771 088.511 373.891 395.50
Net debt-57.48- 416.76501.59508.61
Profitability
EBIT-%8.6 %
ROA27.9 %-14.5 %-47.2 %13.5 %
ROE37.2 %-19.2 %-90.9 %15.8 %
ROI42.8 %-16.5 %-55.0 %16.4 %
Economic value added (EVA)108.24- 133.58- 559.96153.39
Solvency
Equity ratio65.2 %94.1 %28.0 %40.0 %
Gearing1.9 %177.9 %117.3 %
Relative net indebtedness %6.2 %
Liquidity
Quick ratio0.69.50.50.5
Current ratio2.911.12.23.4
Cash and cash equivalents57.48435.93181.57146.89
Capital use efficiency
Trade debtors turnover (days)6.0
Net working capital %20.2 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:13.5%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.0%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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