VIT HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VIT HOLDING ApS
VIT HOLDING ApS (CVR number: 20043504) is a company from GENTOFTE. The company recorded a gross profit of -37.2 kDKK in 2023. The operating profit was -37.2 kDKK, while net earnings were 1184.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.5 %, which can be considered excellent and Return on Equity (ROE) was 37.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VIT HOLDING ApS's liquidity measured by quick ratio was 3.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -18.27 | -19.13 | -21.54 | -17.04 | -37.16 |
EBIT | -18.27 | -19.13 | -21.54 | -17.04 | -37.16 |
Net earnings | 9.98 | 225.48 | 616.04 | 361.64 | 1 184.88 |
Shareholders equity total | 1 383.47 | 1 608.95 | 2 224.99 | 2 586.64 | 3 771.52 |
Balance sheet total (assets) | 2 167.43 | 2 483.58 | 3 587.68 | 4 029.99 | 5 377.41 |
Net debt | - 616.08 | - 907.10 | -1 389.36 | -1 769.95 | -3 028.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.4 % | 13.1 % | 26.3 % | 11.6 % | 33.5 % |
ROE | 0.7 % | 15.1 % | 32.1 % | 15.0 % | 37.3 % |
ROI | 8.5 % | 13.4 % | 27.8 % | 12.5 % | 36.1 % |
Economic value added (EVA) | -14.76 | -14.82 | -11.84 | -1.59 | -11.60 |
Solvency | |||||
Equity ratio | 63.8 % | 64.8 % | 62.0 % | 64.2 % | 70.1 % |
Gearing | 55.6 % | 49.8 % | 50.1 % | 44.8 % | 32.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.1 | 2.1 | 2.1 | 3.4 |
Current ratio | 1.8 | 2.1 | 2.1 | 2.1 | 3.4 |
Cash and cash equivalents | 1 385.45 | 1 707.69 | 2 504.04 | 2 929.22 | 4 234.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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