VANG & CO. ApS — Credit Rating and Financial Key Figures

CVR number: 11159338
Hyldehaven 35, 8520 Lystrup

Credit rating

Company information

Official name
VANG & CO. ApS
Personnel
1 person
Established
1987
Company form
Private limited company
Industry

About VANG & CO. ApS

VANG & CO. ApS (CVR number: 11159338) is a company from AARHUS. The company recorded a gross profit of 815.7 kDKK in 2023. The operating profit was 280.8 kDKK, while net earnings were 219.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VANG & CO. ApS's liquidity measured by quick ratio was 7.8 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 profit587.18773.52769.25789.69815.71
EBIT161.89268.91128.05127.76280.84
Net earnings125.43208.9697.3099.22219.07
Shareholders equity total933.481 142.441 239.741 338.961 558.03
Balance sheet total (assets)1 320.531 474.131 468.911 596.811 786.83
Net debt- 858.08-1 231.25-1 190.13-1 339.61-1 604.32
Profitability
EBIT-%
ROA12.8 %19.2 %8.7 %8.3 %16.6 %
ROE14.4 %20.1 %8.2 %7.7 %15.1 %
ROI15.0 %22.5 %9.8 %9.3 %18.6 %
Economic value added (EVA)128.34215.59110.52102.29222.39
Solvency
Equity ratio70.7 %77.5 %84.4 %83.9 %87.2 %
Gearing20.5 %10.7 %8.2 %4.9 %3.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.44.46.46.27.8
Current ratio3.44.46.46.27.8
Cash and cash equivalents1 049.441 354.001 291.861 404.971 659.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.6%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.2%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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