VITA EMBALLAGE A/S — Credit Rating and Financial Key Figures

CVR number: 38194712
Poul Bundgaards Vej 1, 2500 Valby
tel: 36720075

Company information

Official name
VITA EMBALLAGE A/S
Established
1972
Company form
Limited company
Industry

About VITA EMBALLAGE A/S

VITA EMBALLAGE A/S (CVR number: 38194712) is a company from KØBENHAVN. The company recorded a gross profit of 166.3 kDKK in 2023. The operating profit was 166.3 kDKK, while net earnings were 165.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -81 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VITA EMBALLAGE A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit98.0713.68182.25233.94166.26
EBIT98.0713.68182.25233.94166.26
Net earnings98.0714.50179.17231.11165.36
Shareholders equity total-3 990.10-3 975.60-3 796.43-3 565.32-3 399.96
Balance sheet total (assets)159.94219.90436.10731.59799.67
Net debt3 352.043 141.653 057.982 767.102 834.04
Profitability
EBIT-%
ROA2.4 %0.3 %4.3 %5.5 %3.9 %
ROE88.6 %7.6 %54.6 %39.6 %21.6 %
ROI2.9 %0.4 %5.4 %7.0 %4.9 %
Economic value added (EVA)305.93214.66393.08439.97375.29
Solvency
Equity ratio-96.1 %-94.8 %-89.7 %-83.0 %-81.0 %
Gearing-84.2 %-84.6 %-88.5 %-94.3 %-98.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.20.2
Current ratio0.00.10.10.20.2
Cash and cash equivalents9.51219.90303.57594.46527.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:3.91%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-81.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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