Værsgo A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Værsgo A/S
Værsgo A/S (CVR number: 38833898) is a company from ODENSE. The company recorded a gross profit of -57.5 kDKK in 2023. The operating profit was -82.2 kDKK, while net earnings were -109.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Værsgo A/S's liquidity measured by quick ratio was 7 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 | 3 185.07 | -8 864.97 | -7 257.44 | 930.53 | -57.45 |
EBIT | -55 948.08 | -24 813.91 | -17 693.06 | 252.28 | -82.18 |
Net earnings | -45 090.81 | -21 622.52 | -15 470.96 | - 299.01 | - 109.76 |
Shareholders equity total | -51 099.36 | -72 721.88 | -88 192.84 | 11 508.15 | 11 398.39 |
Balance sheet total (assets) | 52 494.96 | 36 516.42 | 27 233.69 | 14 102.52 | 13 311.35 |
Net debt | 53 162.55 | 86 416.21 | 102 652.05 | 239.91 | 355.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -52.0 % | -23.0 % | -14.4 % | 1.0 % | -0.6 % |
ROE | -57.1 % | -48.6 % | -48.5 % | -1.5 % | -1.0 % |
ROI | -102.4 % | -32.2 % | -16.7 % | 1.1 % | -0.7 % |
Economic value added (EVA) | -42 928.99 | -16 633.38 | -10 106.54 | 4 706.86 | - 641.75 |
Solvency | |||||
Equity ratio | -49.3 % | -66.6 % | -76.4 % | 81.6 % | 85.6 % |
Gearing | -110.0 % | -119.9 % | -118.2 % | 2.2 % | 3.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.2 | 5.4 | 7.0 |
Current ratio | 0.5 | 0.3 | 0.2 | 5.4 | 7.0 |
Cash and cash equivalents | 3 062.01 | 792.61 | 1 561.04 | 12.73 | 23.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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