Vendigo Finance Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vendigo Finance Denmark ApS
Vendigo Finance Denmark ApS (CVR number: 37490520) is a company from KØBENHAVN. The company recorded a gross profit of -0.5 kDKK in 2018, demonstrating a growth of 100 % compared to the previous year. The operating profit was 11.9 mDKK, while net earnings were 11.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 393 %, which can be considered excellent and Return on Equity (ROE) was 7182.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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. Vendigo Finance Denmark ApS's liquidity measured by quick ratio was 1.6 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 financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | 43.81 | 330.95 | |
| Gross profit | -1 827.95 | -1 699.38 | -0.54 |
| EBIT | -5 220.46 | -6 669.93 | 11 909.66 |
| Net earnings | -5 220.21 | -6 723.26 | 11 908.94 |
| Shareholders equity total | -5 170.22 | -11 893.47 | 15.47 |
| Balance sheet total (assets) | 302.37 | 316.13 | 42.82 |
| Net debt | 5 053.74 | 11 742.90 | -8.73 |
| Profitability | |||
| EBIT-% | -11916.4 % | -2015.4 % | |
| ROA | -95.3 % | -75.4 % | 393.0 % |
| ROE | -1726.4 % | -2174.1 % | 7182.8 % |
| ROI | -98.8 % | -77.4 % | 401.6 % |
| Economic value added (EVA) | -5 220.46 | -6 398.72 | 12 517.63 |
| Solvency | |||
| Equity ratio | -94.5 % | -97.4 % | 36.1 % |
| Gearing | -102.1 % | -100.5 % | 176.8 % |
| Relative net indebtedness % | 11973.8 % | 3627.1 % | |
| Liquidity | |||
| Quick ratio | 0.1 | 0.0 | 1.6 |
| Current ratio | 0.1 | 0.0 | 1.6 |
| Cash and cash equivalents | 226.99 | 205.57 | 36.08 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 182.0 | 3.1 | |
| Net working capital % | -11862.6 % | -3598.7 % | |
| Credit risk | |||
| Credit rating | B | B | C |
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