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Vitus Berings Plads ApS — Credit Rating and Financial Key Figures

CVR number: 26776260
Vitus Berings Plads 8, 8700 Horsens
Free credit report Annual report

Credit rating

Company information

Official name
Vitus Berings Plads ApS
Established
2002
Company form
Private limited company
Industry

About Vitus Berings Plads ApS

Vitus Berings Plads ApS (CVR number: 26776260) is a company from HORSENS. The company recorded a gross profit of 414 kDKK in 2025. The operating profit was 323.7 kDKK, while net earnings were 193.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Vitus Berings Plads ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit390.00415.50417.95412.73414.03
EBIT299.65325.16327.60322.38323.68
Net earnings149.32176.58198.72195.15193.24
Shareholders equity total1 498.611 604.411 630.121 621.531 828.08
Balance sheet total (assets)3 703.243 614.743 528.103 394.153 528.09
Net debt1 597.721 437.74578.89473.2276.19
Profitability
EBIT-%
ROA8.1 %8.9 %9.2 %9.3 %9.4 %
ROE10.8 %11.4 %12.3 %12.0 %11.2 %
ROI8.2 %9.1 %10.6 %12.3 %12.5 %
Economic value added (EVA)64.0176.8179.16115.28121.60
Solvency
Equity ratio40.5 %44.4 %46.2 %47.8 %51.8 %
Gearing117.3 %99.7 %45.7 %36.7 %23.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.10.3
Current ratio0.20.20.20.10.3
Cash and cash equivalents160.32162.18165.88122.28346.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:9.35%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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