VS-Design Freelance aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About VS-Design Freelance aps
VS-Design Freelance aps (CVR number: 39232367) is a company from VEJLE. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was 215.5 kDKK, while net earnings were 175.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VS-Design Freelance aps's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | |||||
| EBIT | 133.18 | 127.59 | 254.39 | 226.78 | 215.54 | 
| Net earnings | 100.45 | 99.38 | 195.50 | 174.02 | 175.06 | 
| Shareholders equity total | 319.98 | 419.35 | 614.85 | 788.87 | 837.94 | 
| Balance sheet total (assets) | 578.27 | 609.31 | 873.18 | 1 030.61 | 1 191.10 | 
| Net debt | - 468.88 | - 429.11 | - 702.20 | - 857.28 | -1 088.93 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | 25.2 % | 21.5 % | 34.3 % | 23.8 % | 20.6 % | 
| ROE | 37.2 % | 26.9 % | 37.8 % | 24.8 % | 21.5 % | 
| ROI | 49.4 % | 34.5 % | 49.2 % | 32.3 % | 28.2 % | 
| Economic value added (EVA) | 106.59 | 109.09 | 198.61 | 178.66 | 168.57 | 
| Solvency | |||||
| Equity ratio | 55.3 % | 68.8 % | 70.4 % | 76.5 % | 70.3 % | 
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 2.7 | 3.1 | 4.0 | 3.2 | 
| Current ratio | 2.2 | 3.2 | 3.4 | 4.3 | 3.4 | 
| Cash and cash equivalents | 468.88 | 429.11 | 702.20 | 857.28 | 1 088.93 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BBB | 
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