VM Hydraulik ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VM Hydraulik ApS
VM Hydraulik ApS (CVR number: 33363680) is a company from VEJEN. The company recorded a gross profit of -22.1 kDKK in 2023. The operating profit was -22.1 kDKK, while net earnings were -29.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.3 %, which can be considered poor and Return on Equity (ROE) was -56.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.5 %, 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. VM Hydraulik ApS's liquidity measured by quick ratio was 3.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 661.30 | 1 347.29 | 1 284.47 | - 106.58 | -22.06 |
EBIT | 138.51 | 242.01 | 305.65 | - 273.50 | -22.06 |
Net earnings | 93.64 | 168.00 | 224.59 | - 270.22 | -29.38 |
Shareholders equity total | 243.90 | 411.90 | 586.49 | 66.28 | 36.90 |
Balance sheet total (assets) | 1 041.83 | 2 326.30 | 1 403.73 | 186.81 | 53.87 |
Net debt | 319.94 | 198.63 | 127.75 | - 162.55 | -36.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.7 % | 14.3 % | 16.4 % | -34.4 % | -18.3 % |
ROE | 39.5 % | 51.2 % | 45.0 % | -82.8 % | -56.9 % |
ROI | 25.0 % | 37.8 % | 44.3 % | -65.1 % | -38.3 % |
Economic value added (EVA) | 104.23 | 174.47 | 213.01 | - 293.57 | -16.92 |
Solvency | |||||
Equity ratio | 23.4 % | 17.7 % | 41.8 % | 35.5 % | 68.5 % |
Gearing | 170.7 % | 48.2 % | 29.7 % | 9.2 % | 16.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.7 | 1.5 | 3.2 |
Current ratio | 1.2 | 1.2 | 1.6 | 1.5 | 3.2 |
Cash and cash equivalents | 96.30 | 46.62 | 168.64 | 42.87 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | B | B |
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