VT Frederiksgade ApS — Credit Rating and Financial Key Figures

CVR number: 38859889
Østre Havnevej 2, 5700 Svendborg

Credit rating

Company information

Official name
VT Frederiksgade ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About VT Frederiksgade ApS

VT Frederiksgade ApS (CVR number: 38859889) is a company from SVENDBORG. The company recorded a gross profit of -45.1 kDKK in 2024. The operating profit was -51.6 kDKK, while net earnings were -214.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VT Frederiksgade ApS's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit60.6371.66-30.24-20.14-45.11
EBIT60.6371.66-32.09-28.40-51.55
Net earnings-83.22-77.20- 145.88- 236.50- 214.55
Shareholders equity total698.96621.76475.882 439.382 224.83
Balance sheet total (assets)7 016.267 147.887 166.217 181.257 258.56
Net debt6 113.826 358.796 564.074 606.614 828.15
Profitability
EBIT-%
ROA0.9 %1.0 %-0.4 %-0.4 %-0.7 %
ROE-11.2 %-11.7 %-26.6 %-16.2 %-9.2 %
ROI0.9 %1.0 %-0.5 %-0.4 %-0.7 %
Economic value added (EVA)9.0222.69-55.09-44.74- 161.73
Solvency
Equity ratio10.0 %8.7 %6.6 %34.0 %30.7 %
Gearing878.9 %1026.1 %1384.9 %189.9 %221.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents29.4021.3026.5425.1092.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.71%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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