Vitt Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37703001
Petersmindevej 8 A, 7130 Juelsminde

Credit rating

Company information

Official name
Vitt Holding ApS
Established
2016
Company form
Private limited company
Industry

About Vitt Holding ApS

Vitt Holding ApS (CVR number: 37703001) is a company from HEDENSTED. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 253 % compared to the previous year. The operating profit percentage was at 99 % (EBIT: 0.9 mDKK), while net earnings were 897.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.6 %, which can be considered excellent and Return on Equity (ROE) was 41.7 %, which can be considered excellent. 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. Vitt Holding ApS's liquidity measured by quick ratio was 449.2 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 sales254.78899.26
Gross profit-8.55-8.24-8.53246.01890.11
EBIT-8.55-8.24-8.53246.01890.11
Net earnings490.03490.69796.06238.15897.60
Shareholders equity total574.73954.821 637.881 761.432 541.23
Balance sheet total (assets)594.14975.101 642.881 766.432 546.23
Net debt- 129.73- 295.10-1 442.88-1 466.43-2 246.23
Profitability
EBIT-%96.6 %99.0 %
ROA93.5 %62.7 %61.4 %14.4 %41.6 %
ROE127.7 %64.2 %61.4 %14.0 %41.7 %
ROI125.7 %63.7 %62.0 %14.5 %41.7 %
Economic value added (EVA)-17.88-29.87-31.63246.26890.36
Solvency
Equity ratio96.7 %97.9 %99.7 %99.7 %99.8 %
Gearing2.5 %
Relative net indebtedness %-573.6 %-249.2 %
Liquidity
Quick ratio7.416.0288.5293.2449.2
Current ratio7.416.0288.5293.2449.2
Cash and cash equivalents144.14295.101 442.881 466.432 246.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %573.6 %249.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:41.6%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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