VAT SERVICE EUROPE A/S — Credit Rating and Financial Key Figures

CVR number: 25821491
Industrivej 32, 6330 Padborg

Company information

Official name
VAT SERVICE EUROPE A/S
Established
2001
Company form
Limited company
Industry

About VAT SERVICE EUROPE A/S

VAT SERVICE EUROPE A/S (CVR number: 25821491) is a company from AABENRAA. The company recorded a gross profit of 1254.6 kDKK in 2023. The operating profit was 1254.6 kDKK, while net earnings were 961.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.4 %, which can be considered excellent and Return on Equity (ROE) was 33.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VAT SERVICE EUROPE A/S's liquidity measured by quick ratio was 2.1 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 profit432.96167.13746.301 266.081 254.56
EBIT429.94164.61746.301 266.081 254.56
Net earnings470.16263.96681.06942.12961.45
Shareholders equity total2 388.682 182.482 599.592 860.642 879.97
Balance sheet total (assets)2 886.1010 619.6111 329.694 170.815 894.24
Net debt- 177.147 801.597 223.44- 775.662 294.82
Profitability
EBIT-%
ROA13.9 %6.1 %10.4 %16.5 %25.4 %
ROE20.0 %11.5 %28.5 %34.5 %33.5 %
ROI15.1 %6.5 %10.8 %18.2 %29.3 %
Economic value added (EVA)223.1020.18486.32912.25889.48
Solvency
Equity ratio82.8 %20.6 %22.9 %68.6 %48.9 %
Gearing3.4 %370.1 %320.2 %10.9 %93.2 %
Relative net indebtedness %
Liquidity
Quick ratio7.11.21.34.02.1
Current ratio7.11.21.34.02.1
Cash and cash equivalents257.26276.151 101.301 088.12388.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBB

Variable visualization

ROA:25.4%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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