VISSING ApS — Credit Rating and Financial Key Figures

CVR number: 29212503
Frederiksvej 5, 2000 Frederiksberg
mikaelvissing@gmail.com
tel: 23729039
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Company information

Official name
VISSING ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About VISSING ApS

VISSING ApS (CVR number: 29212503) is a company from FREDERIKSBERG. The company recorded a gross profit of -74.9 kDKK in 2023. The operating profit was -103.2 kDKK, while net earnings were -805.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. VISSING ApS's liquidity measured by quick ratio was 35.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-19.00607.00150.00353.00-74.93
EBIT-77.00566.00108.00289.00- 103.24
Net earnings595.00560.00179.00516.00- 805.50
Shareholders equity total18 991.0019 496.0016 263.0014 723.0012 709.39
Balance sheet total (assets)26 311.0026 690.0022 724.0021 603.0019 155.35
Net debt-3 066.00-1 985.001 468.002 588.003 072.30
Profitability
EBIT-%
ROA3.9 %3.0 %1.2 %0.3 %2.1 %
ROE3.2 %2.9 %1.0 %3.3 %-5.9 %
ROI3.4 %2.7 %1.1 %3.6 %-2.5 %
Economic value added (EVA)- 431.58- 228.62- 758.14- 640.41- 932.18
Solvency
Equity ratio72.2 %73.0 %71.6 %68.2 %66.3 %
Gearing33.2 %32.3 %38.7 %42.8 %49.8 %
Relative net indebtedness %
Liquidity
Quick ratio13.415.254.411.735.3
Current ratio13.415.254.411.735.3
Cash and cash equivalents9 366.008 285.004 832.003 712.003 257.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:2.14%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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