VITFOSS CHINA HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VITFOSS CHINA HOLDING A/S
VITFOSS CHINA HOLDING A/S (CVR number: 35802614) is a company from FREDERICIA. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -36 kDKK, while net earnings were -48 mDKK. The profitability of the company measured by Return on Assets (ROA) was -126.8 %, which can be considered poor and Return on Equity (ROE) was -126.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VITFOSS CHINA HOLDING A/S's liquidity measured by quick ratio was 90.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -16.00 | -66.00 | -52.00 | -35.00 | -36.00 |
Net earnings | -4 219.00 | -3 835.00 | -6 009.00 | -6 988.00 | -48 028.00 |
Shareholders equity total | 82 068.00 | 79 343.00 | 68 836.00 | 61 848.00 | 13 820.00 |
Balance sheet total (assets) | 82 098.00 | 79 373.00 | 68 873.00 | 61 895.00 | 13 848.00 |
Net debt | -5 976.00 | -68.00 | -29.00 | -5.00 | -2 544.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.9 % | -4.7 % | -8.1 % | -10.7 % | -126.8 % |
ROE | -5.0 % | -4.8 % | -8.1 % | -10.7 % | -126.9 % |
ROI | -4.9 % | -4.7 % | -8.1 % | 10.6 % | 140.3 % |
Economic value added (EVA) | -4 440.72 | -4 180.81 | -4 027.43 | -3 493.97 | -3 144.37 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 99.9 % | 99.9 % | 99.8 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 199.2 | 2.3 | 0.8 | 0.3 | 90.9 |
Current ratio | 199.2 | 2.3 | 0.8 | 0.3 | 90.9 |
Cash and cash equivalents | 5 976.00 | 68.00 | 29.00 | 15.00 | 2 544.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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