VTIC ApS — Credit Rating and Financial Key Figures
Company information
About VTIC ApS
VTIC ApS (CVR number: 42402680) is a company from FREDERIKSBERG. The company recorded a gross profit of 1388.5 kDKK in 2023. The operating profit was -1298.5 kDKK, while net earnings were -1303.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -72 %, which can be considered poor and Return on Equity (ROE) was -164.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VTIC ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 187.55 | 783.55 | 1 388.49 |
EBIT | -46.02 | 82.57 | -1 298.50 |
Net earnings | -52.63 | 70.23 | -1 303.42 |
Shareholders equity total | -12.63 | 57.60 | -1 251.10 |
Balance sheet total (assets) | 130.61 | 825.82 | 1 529.66 |
Net debt | -11.41 | - 339.70 | -51.06 |
Profitability | |||
EBIT-% | |||
ROA | -32.1 % | 17.0 % | -72.0 % |
ROE | -40.3 % | 74.6 % | -164.2 % |
ROI | -83.7 % | 49.1 % | -523.3 % |
Economic value added (EVA) | -46.02 | 79.04 | -1 281.84 |
Solvency | |||
Equity ratio | -8.8 % | 7.0 % | -45.0 % |
Gearing | -435.6 % | 85.9 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.9 | 1.4 | 0.6 |
Current ratio | 0.9 | 1.4 | 0.6 |
Cash and cash equivalents | 66.41 | 389.15 | 51.06 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BBB | C |
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