Vestergade 55-57 IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vestergade 55-57 IVS
Vestergade 55-57 IVS (CVR number: 36912448) is a company from TØNDER. The company reported a net sales of 1 mDKK in 2018, demonstrating a growth of 105.6 % compared to the previous year. The operating profit percentage was at 6.1 % (EBIT: 0.1 mDKK), while net earnings were 12.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -2.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Vestergade 55-57 IVS's liquidity measured by quick ratio was 0.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 60.46 | 464.79 | 955.41 |
Gross profit | -26.71 | 270.66 | 436.00 |
EBIT | -50.41 | 144.20 | 58.24 |
Net earnings | -92.26 | 117.82 | 12.21 |
Shareholders equity total | - 152.72 | -34.90 | -24.57 |
Balance sheet total (assets) | 544.96 | 741.00 | 1 161.29 |
Net debt | 422.68 | 364.77 | - 172.04 |
Profitability | |||
EBIT-% | -83.4 % | 31.0 % | 6.1 % |
ROA | -7.2 % | 19.6 % | 5.9 % |
ROE | -16.9 % | 18.3 % | 1.3 % |
ROI | -11.9 % | 36.6 % | 60.4 % |
Economic value added (EVA) | -50.41 | 130.63 | 39.04 |
Solvency | |||
Equity ratio | -21.9 % | -4.5 % | -2.1 % |
Gearing | -276.8 % | -1045.3 % | 700.1 % |
Relative net indebtedness % | 1153.9 % | 166.9 % | 124.1 % |
Liquidity | |||
Quick ratio | 0.6 | 0.7 | |
Current ratio | 0.6 | 0.7 | |
Cash and cash equivalents | 0.05 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | 162.9 | 103.2 | |
Net working capital % | -454.8 % | -32.6 % | -22.7 % |
Credit risk | |||
Credit rating | BB | BB | BB |
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