VAGN C RADIO FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 73191114
Vestergade 41, 8732 Hovedgård
vagn@boligteknik.dk
tel: 21615505

Credit rating

Company information

Official name
VAGN C RADIO FINANS ApS
Established
1983
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VAGN C RADIO FINANS ApS

VAGN C RADIO FINANS ApS (CVR number: 73191114) is a company from HORSENS. The company recorded a gross profit of 30.5 kDKK in 2023. The operating profit was 30.5 kDKK, while net earnings were -15.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.7 %, 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. VAGN C RADIO FINANS ApS's liquidity measured by quick ratio was 4.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5.52-9.62-8.02-15.9030.47
EBIT5.52-9.62-8.02-15.9030.47
Net earnings2.54-16.22-15.21-26.89-15.34
Shareholders equity total1 130.011 013.79898.59771.69706.36
Balance sheet total (assets)1 621.591 022.52906.09776.801 737.09
Net debt- 378.90-1 022.52- 905.76- 686.69940.02
Profitability
EBIT-%
ROA0.3 %-0.7 %-0.8 %-1.9 %2.4 %
ROE0.2 %-1.5 %-1.6 %-3.2 %-2.1 %
ROI0.5 %-0.9 %-0.8 %-1.9 %2.4 %
Economic value added (EVA)-54.63-47.36-7.58-15.5426.21
Solvency
Equity ratio69.7 %99.1 %99.2 %99.3 %40.7 %
Gearing0.0 %145.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.3117.2120.8152.14.1
Current ratio3.3117.2120.8152.14.1
Cash and cash equivalents378.901 022.52905.76686.8085.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:2.43%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.7%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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