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

CVR number: 25821491
Industrivej 32, 6330 Padborg
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Credit rating

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 843.1 kDKK in 2024. The operating profit was 843.1 kDKK, while net earnings were 661.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VAT SERVICE EUROPE A/S's liquidity measured by quick ratio was 8.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit167.13746.301 266.081 254.56843.06
EBIT164.61746.301 266.081 254.56843.06
Net earnings263.96681.06942.12961.45661.75
Shareholders equity total2 182.482 599.592 860.642 879.972 580.27
Balance sheet total (assets)10 619.6111 329.694 170.815 894.243 143.41
Net debt7 801.597 223.44- 775.662 294.82- 330.82
Profitability
EBIT-%
ROA6.1 %10.4 %16.5 %25.4 %19.6 %
ROE11.5 %28.5 %34.5 %33.5 %24.2 %
ROI6.5 %10.8 %18.2 %29.3 %21.8 %
Economic value added (EVA)3.2266.54438.59819.10378.03
Solvency
Equity ratio20.6 %22.9 %68.6 %48.9 %82.1 %
Gearing370.1 %320.2 %10.9 %93.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.34.02.18.3
Current ratio1.21.34.02.18.3
Cash and cash equivalents276.151 101.301 088.12388.58330.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:19.6%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.1%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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