VG Services ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VG Services ApS
VG Services ApS (CVR number: 29147000) is a company from HORSENS. The company recorded a gross profit of 1854.4 kDKK in 2024. The operating profit was -172.9 kDKK, while net earnings were -88.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. VG Services ApS's liquidity measured by quick ratio was 5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -66.25 | -72.29 | 3 315.29 | 149.22 | 1 854.41 |
EBIT | -66.25 | -72.29 | 3 315.29 | -28.68 | - 172.85 |
Net earnings | -59.10 | -57.26 | 2 640.20 | 181.76 | -88.36 |
Shareholders equity total | 4 003.17 | 3 945.91 | 6 586.11 | 1 767.87 | 1 679.51 |
Balance sheet total (assets) | 4 228.62 | 4 230.68 | 9 463.73 | 4 331.69 | 2 172.62 |
Net debt | 40.49 | 97.39 | -4 998.69 | 1 930.77 | -2 091.24 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.5 % | -1.7 % | 49.5 % | 3.4 % | -1.4 % |
ROE | -1.5 % | -1.4 % | 50.1 % | 4.4 % | -5.1 % |
ROI | -1.5 % | -1.7 % | 58.6 % | 4.1 % | -1.5 % |
Economic value added (EVA) | - 286.64 | - 267.70 | 2 374.66 | - 392.63 | - 339.42 |
Solvency | |||||
Equity ratio | 94.7 % | 93.3 % | 69.6 % | 40.8 % | 77.3 % |
Gearing | 1.1 % | 2.5 % | 11.9 % | 129.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.2 | 3.3 | 1.7 | 5.0 |
Current ratio | 0.3 | 0.2 | 3.3 | 1.7 | 5.0 |
Cash and cash equivalents | 3.28 | 2.09 | 5 780.78 | 361.55 | 2 091.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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