Det Glade Vanvid, Aarhus ApS — Credit Rating and Financial Key Figures

CVR number: 27171761
Frederiksgade 45, 8000 Aarhus C

Credit rating

Company information

Official name
Det Glade Vanvid, Aarhus ApS
Personnel
33 persons
Established
2003
Company form
Private limited company
Industry

About Det Glade Vanvid, Aarhus ApS

Det Glade Vanvid, Aarhus ApS (CVR number: 27171761) is a company from AARHUS. The company recorded a gross profit of 7103.2 kDKK in 2023. The operating profit was 1487.2 kDKK, while net earnings were 1087.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 30.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Det Glade Vanvid, Aarhus ApS's liquidity measured by quick ratio was 1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 443.314 676.995 504.856 342.977 103.21
EBIT814.89- 945.84-1 903.381 966.721 487.20
Net earnings531.00- 829.66-1 674.091 394.111 087.09
Shareholders equity total993.50163.84-1 510.25- 116.14970.94
Balance sheet total (assets)5 030.884 507.855 784.086 130.929 148.52
Net debt2 049.101 349.233 514.423 530.334 571.32
Profitability
EBIT-%
ROA18.8 %-18.9 %-31.2 %30.6 %24.5 %
ROE72.9 %-143.4 %-56.3 %23.4 %30.6 %
ROI30.5 %-34.8 %-57.9 %43.8 %31.7 %
Economic value added (EVA)499.92- 901.09-1 636.661 393.17907.29
Solvency
Equity ratio19.7 %3.6 %-20.7 %-1.9 %10.6 %
Gearing214.4 %1063.9 %-288.5 %-4382.6 %603.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.81.01.31.0
Current ratio1.21.01.31.71.3
Cash and cash equivalents81.01393.80842.291 559.701 286.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:24.5%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.6%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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