VÆRDICHECK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VÆRDICHECK ApS
VÆRDICHECK ApS (CVR number: 35873449) is a company from FREDERIKSSUND. The company recorded a gross profit of 922.3 kDKK in 2023. The operating profit was 4 kDKK, while net earnings were 124.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.8 %, 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. VÆRDICHECK ApS's liquidity measured by quick ratio was 1.3 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 | 1 745.13 | 1 312.14 | 2 038.54 | 1 163.87 | 922.28 |
EBIT | 768.64 | 197.69 | 919.23 | 60.24 | 4.05 |
Net earnings | 627.95 | 193.72 | 763.66 | 78.38 | 124.66 |
Shareholders equity total | 1 676.74 | 1 720.46 | 2 371.12 | 1 299.51 | 924.17 |
Balance sheet total (assets) | 2 642.89 | 3 085.38 | 3 805.87 | 4 270.52 | 4 247.71 |
Net debt | - 311.48 | 558.94 | -43.47 | 1 025.55 | 1 196.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 33.6 % | 9.0 % | 28.6 % | 3.1 % | 4.4 % |
ROE | 43.7 % | 11.4 % | 37.3 % | 4.3 % | 11.2 % |
ROI | 56.1 % | 12.7 % | 41.0 % | 5.1 % | 8.1 % |
Economic value added (EVA) | 533.49 | 67.94 | 599.43 | -74.65 | - 116.89 |
Solvency | |||||
Equity ratio | 63.4 % | 55.8 % | 62.3 % | 30.4 % | 21.8 % |
Gearing | 32.5 % | 0.1 % | 83.8 % | 129.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 2.4 | 2.8 | 1.5 | 1.3 |
Current ratio | 2.9 | 2.4 | 2.8 | 1.5 | 1.3 |
Cash and cash equivalents | 311.48 | 45.44 | 63.22 | 1.41 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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