Virkekraft ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Virkekraft ApS
Virkekraft ApS (CVR number: 39244446) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 461.5 kDKK in 2024. The operating profit was -22.5 kDKK, while net earnings were -20.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -15.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Virkekraft ApS's liquidity measured by quick ratio was 1.5 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 | 527.00 | 480.87 | 672.74 | 791.91 | 461.48 |
EBIT | 7.66 | 9.59 | 24.55 | 17.84 | -22.46 |
Net earnings | -40.40 | 46.87 | 21.23 | 13.57 | -20.24 |
Shareholders equity total | 61.98 | 108.85 | 130.09 | 143.65 | 123.41 |
Balance sheet total (assets) | 264.35 | 213.06 | 323.44 | 461.92 | 274.95 |
Net debt | - 262.02 | - 134.83 | -62.45 | - 405.67 | - 112.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.2 % | -13.0 % | 7.6 % | 4.6 % | -6.0 % |
ROE | -49.2 % | 54.9 % | 17.8 % | 9.9 % | -15.2 % |
ROI | -45.4 % | 58.9 % | 24.1 % | 13.1 % | -16.7 % |
Economic value added (EVA) | 8.53 | 19.25 | 23.30 | 12.47 | -2.97 |
Solvency | |||||
Equity ratio | 23.4 % | 51.1 % | 40.2 % | 31.1 % | 44.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.7 | 1.4 | 1.3 | 1.5 |
Current ratio | 1.3 | 1.7 | 1.4 | 1.3 | 1.5 |
Cash and cash equivalents | 262.02 | 134.83 | 62.45 | 405.67 | 112.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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