VG Services ApS — Credit Rating and Financial Key Figures

CVR number: 29147000
Erhvervsbyvej 11, 8700 Horsens
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Credit rating

Company information

Official name
VG Services ApS
Personnel
8 persons
Established
2005
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-68.67-66.25-72.293 315.29149.22
EBIT-68.67-66.25-72.293 315.29-28.68
Net earnings-54.30-59.10-57.262 640.20181.76
Shareholders equity total4 062.274 003.173 945.916 586.111 767.87
Balance sheet total (assets)4 684.904 228.624 230.689 463.734 331.69
Net debt-5.9840.4997.39-4 998.691 930.77
Profitability
EBIT-%
ROA0.4 %-1.5 %-1.7 %49.5 %3.4 %
ROE-1.3 %-1.5 %-1.4 %50.1 %4.4 %
ROI0.4 %-1.5 %-1.7 %58.6 %4.1 %
Economic value added (EVA)- 257.33- 232.69- 257.382 387.75-62.84
Solvency
Equity ratio86.7 %94.7 %93.3 %69.6 %40.8 %
Gearing11.2 %1.1 %2.5 %11.9 %129.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.30.23.31.7
Current ratio1.00.30.23.31.7
Cash and cash equivalents460.073.282.095 780.78361.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.39%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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