VT 2021 Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VT 2021 Holding A/S
VT 2021 Holding A/S (CVR number: 42430277K) is a company from Brønderslev. The company recorded a gross profit of 30.4 mDKK in 2023. The operating profit was 1474 kDKK, while net earnings were -4341 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -7.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36 %, 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 2021 Holding A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 41 000.00 | 41 000.00 | 30 411.00 |
EBIT | 15 199.00 | 15 199.00 | 1 474.00 |
Net earnings | 19 873.00 | 7 649.00 | -4 341.00 |
Shareholders equity total | 57 936.00 | 57 936.00 | 53 595.00 |
Balance sheet total (assets) | 182 279.00 | 182 279.00 | 148 851.00 |
Net debt | 78 544.00 | 78 544.00 | 60 039.00 |
Profitability | |||
EBIT-% | |||
ROA | 15.2 % | 15.2 % | 0.9 % |
ROE | 34.3 % | 13.2 % | -7.8 % |
ROI | 20.1 % | 19.6 % | 1.1 % |
Economic value added (EVA) | 12 109.60 | 4 206.18 | -3 887.71 |
Solvency | |||
Equity ratio | 31.8 % | 31.8 % | 36.0 % |
Gearing | 136.1 % | 136.1 % | 112.9 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.6 | 0.6 | 0.6 |
Current ratio | 1.5 | 1.5 | 1.6 |
Cash and cash equivalents | 288.00 | 288.00 | 466.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | AA | AA | AA |
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