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V8C HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About V8C HOLDING ApS
V8C HOLDING ApS (CVR number: 31944678K) is a company from KØBENHAVN. The company reported a net sales of 444.4 mDKK in 2018, demonstrating a decline of -17.2 % compared to the previous year. The operating profit percentage was at 7.5 % (EBIT: 33.2 mDKK), while net earnings were 23.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 36.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.4 %, 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. V8C HOLDING ApS's liquidity measured by quick ratio was 1.7 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 financials2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 536 530.09 | 444 356.80 | |||
| Gross profit | 12 612.00 | 25 816.00 | 28 280.00 | 54 093.93 | 43 806.23 |
| EBIT | 6 539.00 | 17 844.00 | 19 389.00 | 45 884.46 | 33 213.76 |
| Net earnings | 5 165.00 | 13 898.00 | 19 346.00 | 34 440.25 | 23 199.96 |
| Shareholders equity total | 28 516.00 | 30 214.00 | 44 581.00 | 69 021.17 | 57 221.13 |
| Balance sheet total (assets) | 61 924.00 | 129 971.00 | 140 819.00 | 228 031.79 | 145 404.95 |
| Net debt | -38 653.00 | -57 114.00 | - 112 074.22 | -90 130.40 | |
| Profitability | |||||
| EBIT-% | 8.6 % | 7.5 % | |||
| ROA | 9.4 % | 18.8 % | 17.8 % | 24.9 % | 18.0 % |
| ROE | 17.8 % | 47.3 % | 51.7 % | 60.6 % | 36.8 % |
| ROI | 19.6 % | 43.2 % | 41.2 % | 57.2 % | 38.7 % |
| Economic value added (EVA) | 3 421.13 | 12 339.63 | 12 506.18 | 32 025.39 | 20 839.76 |
| Solvency | |||||
| Equity ratio | 58.0 % | 23.2 % | 31.7 % | 30.3 % | 39.4 % |
| Gearing | 0.3 % | 40.0 % | 25.8 % | 17.0 % | 20.5 % |
| Relative net indebtedness % | 4.2 % | -5.7 % | |||
| Liquidity | |||||
| Quick ratio | 3.3 | 1.1 | 1.4 | 1.4 | 1.7 |
| Current ratio | 1.8 | 1.2 | 1.4 | 1.4 | 1.7 |
| Cash and cash equivalents | 28 449.00 | 50 753.00 | 68 618.00 | 123 794.04 | 101 839.10 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 53.1 | 19.0 | |||
| Net working capital % | 9.7 % | 9.6 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A |
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