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 149.2 kDKK in 2023. The operating profit was -28.7 kDKK, while net earnings were 181.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 40.8 %, 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. VG Services ApS's liquidity measured by quick ratio was 1.7 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 | -68.67 | -66.25 | -72.29 | 3 315.29 | 149.22 |
EBIT | -68.67 | -66.25 | -72.29 | 3 315.29 | -28.68 |
Net earnings | -54.30 | -59.10 | -57.26 | 2 640.20 | 181.76 |
Shareholders equity total | 4 062.27 | 4 003.17 | 3 945.91 | 6 586.11 | 1 767.87 |
Balance sheet total (assets) | 4 684.90 | 4 228.62 | 4 230.68 | 9 463.73 | 4 331.69 |
Net debt | -5.98 | 40.49 | 97.39 | -4 998.69 | 1 930.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.4 % | -1.5 % | -1.7 % | 49.5 % | 3.4 % |
ROE | -1.3 % | -1.5 % | -1.4 % | 50.1 % | 4.4 % |
ROI | 0.4 % | -1.5 % | -1.7 % | 58.6 % | 4.1 % |
Economic value added (EVA) | - 257.33 | - 232.69 | - 257.38 | 2 387.75 | -62.84 |
Solvency | |||||
Equity ratio | 86.7 % | 94.7 % | 93.3 % | 69.6 % | 40.8 % |
Gearing | 11.2 % | 1.1 % | 2.5 % | 11.9 % | 129.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.3 | 0.2 | 3.3 | 1.7 |
Current ratio | 1.0 | 0.3 | 0.2 | 3.3 | 1.7 |
Cash and cash equivalents | 460.07 | 3.28 | 2.09 | 5 780.78 | 361.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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