VSR ENGINEERING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VSR ENGINEERING ApS
VSR ENGINEERING ApS (CVR number: 26220726) is a company from AALBORG. The company recorded a gross profit of 149.8 kDKK in 2024. The operating profit was -450.2 kDKK, while net earnings were -437.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -68.5 %, which can be considered poor and Return on Equity (ROE) was -85.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. VSR ENGINEERING ApS's liquidity measured by quick ratio was 2.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 112.43 | 1 943.55 | -52.73 | 133.29 | 149.78 |
EBIT | 1 112.43 | 1 620.54 | -54.46 | 133.29 | - 450.22 |
Net earnings | 888.28 | 1 291.41 | 8.00 | 114.83 | - 437.77 |
Shareholders equity total | 2 317.59 | 3 609.00 | 617.00 | 731.83 | 294.06 |
Balance sheet total (assets) | 9 100.82 | 4 325.17 | 953.13 | 787.56 | 466.35 |
Net debt | - 873.74 | - 460.77 | - 321.87 | - 367.81 | - 305.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.1 % | 25.2 % | 0.8 % | 17.6 % | -68.5 % |
ROE | 47.4 % | 43.6 % | 0.4 % | 17.0 % | -85.3 % |
ROI | 61.6 % | 55.2 % | 1.0 % | 22.7 % | -72.8 % |
Economic value added (EVA) | 790.82 | 1 141.67 | - 223.93 | 71.99 | - 492.18 |
Solvency | |||||
Equity ratio | 25.5 % | 83.4 % | 64.7 % | 92.9 % | 63.1 % |
Gearing | 3.5 % | 3.0 % | 52.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 6.0 | 15.3 | 14.0 | 2.7 |
Current ratio | 1.3 | 6.0 | 15.3 | 14.0 | 2.7 |
Cash and cash equivalents | 953.83 | 570.41 | 321.87 | 367.81 | 458.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BB |
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