BOLIGSELSKABET VANGEN ApS — Credit Rating and Financial Key Figures

CVR number: 27463894
Hjelmagervænget 5, Løgten 8541 Skødstrup

Company information

Official name
BOLIGSELSKABET VANGEN ApS
Established
2003
Domicile
Løgten
Company form
Private limited company
Industry

About BOLIGSELSKABET VANGEN ApS

BOLIGSELSKABET VANGEN ApS (CVR number: 27463894) is a company from AARHUS. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -1.4 % compared to the previous year. The operating profit percentage was at 48.2 % (EBIT: 0.4 mDKK), while net earnings were 288 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BOLIGSELSKABET VANGEN ApS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales874.26807.98827.50805.46794.40
Gross profit562.57498.85484.43431.16382.88
EBIT562.57498.85484.43431.16382.88
Net earnings425.12389.11377.86288.04
Shareholders equity total17 024.9320 032.5220 900.0221 671.0823 938.15
Balance sheet total (assets)17 493.1520 290.5821 114.9221 777.6524 032.99
Net debt- 214.09- 290.58- 564.98- 967.26-1 747.45
Profitability
EBIT-%64.3 %61.7 %58.5 %53.5 %48.2 %
ROA3.1 %2.6 %2.3 %2.0 %1.7 %
ROE2.5 %2.1 %1.8 %1.3 %
ROI3.2 %2.7 %2.4 %2.0 %1.7 %
Economic value added (EVA)360.94366.20361.11303.89308.70
Solvency
Equity ratio97.3 %98.7 %99.0 %98.7 %99.6 %
Gearing
Relative net indebtedness %-10.8 %-22.4 %-55.4 %-95.1 %-208.0 %
Liquidity
Quick ratio1.82.69.112.9
Current ratio1.82.69.112.9
Cash and cash equivalents214.09290.58564.98967.261 747.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %10.8 %22.4 %104.9 %157.8 %220.0 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:1.67%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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