V.M. ELEKTRO A/S — Credit Rating and Financial Key Figures

CVR number: 12828209
Gårsdalvej 20, Ravnstrup 8800 Viborg
info@vm-elektro.dk
tel: 87262300
www.vm-elektro.dk

Company information

Official name
V.M. ELEKTRO A/S
Personnel
10 persons
Established
1989
Domicile
Ravnstrup
Company form
Limited company
Industry

About V.M. ELEKTRO A/S

V.M. ELEKTRO A/S (CVR number: 12828209) is a company from VIBORG. The company recorded a gross profit of 3999.8 kDKK in 2023. The operating profit was 535 kDKK, while net earnings were 290.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 33 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. V.M. ELEKTRO A/S's liquidity measured by quick ratio was 0.3 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 profit4 486.715 163.683 820.574 089.523 999.82
EBIT1 168.361 340.63325.00704.85534.98
Net earnings802.93931.16150.74449.70290.92
Shareholders equity total3 054.813 635.963 319.713 769.413 679.47
Balance sheet total (assets)9 889.4012 219.5110 920.4411 190.4711 150.50
Net debt2 469.893 449.264 637.034 919.814 667.76
Profitability
EBIT-%
ROA11.9 %12.2 %2.8 %6.5 %5.0 %
ROE23.3 %27.8 %4.3 %12.7 %7.8 %
ROI19.7 %19.5 %4.1 %8.3 %6.3 %
Economic value added (EVA)644.44823.60-22.10290.68105.73
Solvency
Equity ratio30.9 %29.8 %30.4 %33.7 %33.0 %
Gearing82.3 %101.1 %143.5 %131.9 %129.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.30.30.3
Current ratio1.61.21.11.31.2
Cash and cash equivalents43.66224.97125.2751.2180.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:4.96%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.0%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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