VS HOLDING HERNING ApS — Credit Rating and Financial Key Figures

CVR number: 20044039
Sabroesvej 7, 7400 Herning
tel: 97168300

Credit rating

Company information

Official name
VS HOLDING HERNING ApS
Established
1997
Company form
Private limited company
Industry

About VS HOLDING HERNING ApS

VS HOLDING HERNING ApS (CVR number: 20044039) is a company from HERNING. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 23.6 % compared to the previous year. The operating profit percentage was at 99.7 % (EBIT: 0.8 mDKK), while net earnings were 762.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VS HOLDING HERNING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales135.48539.05529.58622.14768.86
Gross profit133.61537.18527.70619.33766.36
EBIT133.61537.18527.70619.33766.36
Net earnings125.28528.49513.18609.06762.61
Shareholders equity total1 344.391 893.522 428.313 070.043 834.03
Balance sheet total (assets)1 715.882 281.682 708.603 236.733 874.64
Net debt-0.51-0.51-15.85-28.74-36.77
Profitability
EBIT-%98.6 %99.7 %99.6 %99.5 %99.7 %
ROA8.5 %27.2 %21.2 %20.9 %21.6 %
ROE9.8 %32.6 %23.7 %22.2 %22.1 %
ROI10.9 %33.6 %24.5 %22.6 %22.2 %
Economic value added (EVA)187.50599.17618.35739.27906.41
Solvency
Equity ratio78.3 %83.0 %89.7 %94.9 %99.0 %
Gearing
Relative net indebtedness %273.8 %71.9 %49.9 %22.2 %0.5 %
Liquidity
Quick ratio0.40.40.10.30.9
Current ratio0.40.40.10.30.9
Cash and cash equivalents0.510.5115.8528.7436.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-161.2 %-42.5 %-46.3 %-19.0 %-0.5 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 84/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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