VASSING ApS — Credit Rating and Financial Key Figures

CVR number: 30208323
Strandstræde 10, 4300 Holbæk

Company information

Official name
VASSING ApS
Established
2007
Company form
Private limited company
Industry

About VASSING ApS

VASSING ApS (CVR number: 30208323) is a company from HOLBÆK. The company recorded a gross profit of 31.7 kDKK in 2023. The operating profit was -63.5 kDKK, while net earnings were 449.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VASSING ApS's liquidity measured by quick ratio was 6.5 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 profit43.0053.0050.0039.0031.67
EBIT43.00109.0055.0037.00-63.47
Net earnings431.00695.001 058.00- 240.00449.57
Shareholders equity total4 803.005 299.006 357.005 716.005 966.06
Balance sheet total (assets)4 884.005 556.006 729.005 765.006 052.26
Net debt-59.00-27.00- 971.00-1 130.00- 112.85
Profitability
EBIT-%
ROA12.8 %17.1 %22.4 %4.2 %9.7 %
ROE9.2 %13.8 %18.2 %-4.0 %7.7 %
ROI12.8 %17.4 %23.3 %4.3 %9.8 %
Economic value added (EVA)- 178.40- 153.36- 222.02- 241.39- 279.91
Solvency
Equity ratio98.3 %95.4 %94.5 %99.2 %98.6 %
Gearing0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.50.23.458.56.5
Current ratio5.50.23.458.56.5
Cash and cash equivalents59.0028.00972.001 131.00114.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.75%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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