VITESSE HERNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VITESSE HERNING A/S
VITESSE HERNING A/S (CVR number: 24207412) is a company from HERNING. The company recorded a gross profit of -239.3 kDKK in 2019. The operating profit was -239.3 kDKK, while net earnings were 3266.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good and Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VITESSE HERNING A/S's liquidity measured by quick ratio was 24.2 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 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 253.00 | - 325.00 | - 196.00 | - 239.33 |
EBIT | - 253.00 | - 325.00 | - 196.00 | - 239.33 |
Net earnings | -96.00 | 886.00 | -1 076.00 | 3 266.77 |
Shareholders equity total | 30 523.00 | 31 410.00 | 30 334.00 | 33 600.63 |
Balance sheet total (assets) | 31 638.00 | 32 228.00 | 31 058.00 | 35 498.27 |
Net debt | -29 068.00 | -30 008.00 | -28 567.00 | -32 740.68 |
Profitability | ||||
EBIT-% | ||||
ROA | 1.0 % | 4.6 % | 1.8 % | 13.6 % |
ROE | -0.3 % | 2.9 % | -3.5 % | 10.2 % |
ROI | 1.0 % | 4.7 % | 1.8 % | 13.7 % |
Economic value added (EVA) | - 211.20 | - 301.69 | - 215.46 | - 248.26 |
Solvency | ||||
Equity ratio | 96.5 % | 97.5 % | 97.7 % | 94.7 % |
Gearing | 1.5 % | 0.5 % | 1.8 % | 2.6 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 45.3 | 107.6 | 53.2 | 24.2 |
Current ratio | 45.3 | 107.6 | 53.2 | 24.2 |
Cash and cash equivalents | 29 537.00 | 30 159.00 | 29 108.00 | 33 629.37 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | A | A | AA |
Variable visualization
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