VNG A/S — Credit Rating and Financial Key Figures

CVR number: 39903881
Horsensvej 72 A, 7100 Vejle
tel: 33314622

Company information

Official name
VNG A/S
Established
2018
Company form
Limited company
Industry

About VNG A/S

VNG A/S (CVR number: 39903881) is a company from VEJLE. The company recorded a gross profit of -70.1 kDKK in 2024. The operating profit was -70.1 kDKK, while net earnings were -233.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -10.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VNG A/S's liquidity measured by quick ratio was 0.1 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 profit-40.00-53.00-69.00-59.00-70.08
EBIT-40.00-53.00-69.00-59.00-70.08
Net earnings- 113.00- 152.00- 200.00- 212.00- 233.83
Shareholders equity total297.00144.00-55.00- 267.00- 501.09
Balance sheet total (assets)2 528.003 648.004 016.004 294.004 259.03
Net debt2 160.003 466.003 959.004 249.004 464.84
Profitability
EBIT-%
ROA-1.7 %-1.7 %-1.8 %-1.4 %-1.5 %
ROE-32.0 %-68.9 %-9.6 %-5.1 %-5.5 %
ROI-1.7 %-1.7 %-1.8 %-1.4 %-1.5 %
Economic value added (EVA)- 145.88- 167.19- 235.40- 246.18- 268.91
Solvency
Equity ratio11.7 %3.9 %-1.4 %-5.9 %-10.5 %
Gearing743.4 %2411.1 %-7343.6 %-1698.5 %-944.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.1
Current ratio1.11.01.00.90.9
Cash and cash equivalents48.006.0080.00286.00269.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-1.50%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-10.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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