VASE SKAGEN ApS — Credit Rating and Financial Key Figures

CVR number: 81079528
Middelbanke 40, 9990 Skagen
tel: 98451556

Company information

Official name
VASE SKAGEN ApS
Established
1977
Company form
Private limited company
Industry

About VASE SKAGEN ApS

VASE SKAGEN ApS (CVR number: 81079528) is a company from FREDERIKSHAVN. The company recorded a gross profit of -37.2 kDKK in 2023. The operating profit was -37.2 kDKK, while net earnings were 573.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VASE SKAGEN ApS's liquidity measured by quick ratio was 486.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-24.62181.12-32.92-31.27-37.17
EBIT-24.62181.12-32.92-31.27-37.17
Net earnings26.85814.42- 378.39412.32573.11
Shareholders equity total5 968.206 672.026 237.136 592.257 106.46
Balance sheet total (assets)6 007.086 827.946 246.636 601.757 265.90
Net debt-5 953.58-6 807.27-6 181.89-6 547.23-7 255.42
Profitability
EBIT-%
ROA0.6 %15.3 %-5.8 %6.6 %10.6 %
ROE0.4 %12.9 %-5.9 %6.4 %8.4 %
ROI0.6 %15.6 %-5.8 %6.6 %10.7 %
Economic value added (EVA)-19.60149.50-26.12-33.33-31.26
Solvency
Equity ratio99.4 %97.7 %99.8 %99.9 %97.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio477.9544.6657.5694.9486.5
Current ratio477.9544.6657.5694.9486.5
Cash and cash equivalents5 953.586 807.276 181.896 547.237 255.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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