VIRUM AUTO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VIRUM AUTO A/S
VIRUM AUTO A/S (CVR number: 34466416) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 10.8 mDKK in 2023. The operating profit was -1186.4 kDKK, while net earnings were -1340.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -13.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VIRUM AUTO A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 12 082.46 | 10 298.30 | 13 165.81 | 9 317.00 | 10 813.16 |
EBIT | - 828.13 | -3 250.12 | 674.86 | -2 414.00 | -1 186.35 |
Net earnings | -1 034.48 | -2 974.79 | 216.20 | -2 238.00 | -1 340.22 |
Shareholders equity total | -1 318.37 | -4 293.16 | -4 076.96 | -6 314.00 | -7 654.70 |
Balance sheet total (assets) | 29 319.98 | 17 678.19 | 27 105.12 | 8 669.00 | 11 662.26 |
Net debt | 8 572.77 | 7 642.82 | 11 774.50 | 9 211.00 | 12 534.36 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.8 % | -12.3 % | 3.6 % | -10.0 % | -6.8 % |
ROE | -4.1 % | -12.7 % | 1.0 % | -12.5 % | -13.2 % |
ROI | -8.4 % | -36.6 % | 9.1 % | -20.7 % | -10.2 % |
Economic value added (EVA) | - 638.54 | -2 496.34 | 827.90 | -1 668.54 | - 584.45 |
Solvency | |||||
Equity ratio | -4.3 % | -19.5 % | -13.2 % | -42.1 % | -43.2 % |
Gearing | -674.2 % | -187.6 % | -293.8 % | -153.3 % | -163.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.1 | 0.4 | 0.2 | 1.4 |
Current ratio | 0.8 | 0.6 | 0.8 | 0.4 | 1.5 |
Cash and cash equivalents | 315.93 | 409.72 | 205.34 | 470.00 | 15.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BB |
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