VM FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 28278020
Bellisvej 2, 8763 Rask Mølle

Company information

Official name
VM FINANS ApS
Established
2004
Company form
Private limited company
Industry

About VM FINANS ApS

VM FINANS ApS (CVR number: 28278020) is a company from HEDENSTED. The company recorded a gross profit of -13.5 kDKK in 2023. The operating profit was -13.5 kDKK, while net earnings were 673.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent but Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VM FINANS ApS's liquidity measured by quick ratio was 10.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.33-8.05-11.47-15.42-13.49
EBIT-8.33-8.05-11.47-15.42-13.49
Net earnings319.811 026.34- 107.18631.93673.62
Shareholders equity total3 431.534 347.274 127.094 644.635 200.45
Balance sheet total (assets)3 714.994 903.954 520.175 121.065 903.06
Net debt-2 002.56-3 119.78-3 938.05-4 607.06-5 316.31
Profitability
EBIT-%
ROA9.6 %30.3 %11.9 %17.2 %16.0 %
ROE9.6 %26.4 %-2.5 %14.4 %13.7 %
ROI9.7 %31.3 %12.2 %17.2 %16.3 %
Economic value added (EVA)-22.3471.5287.7214.0027.42
Solvency
Equity ratio92.4 %88.6 %91.3 %90.7 %88.1 %
Gearing8.0 %6.7 %9.4 %10.2 %10.5 %
Relative net indebtedness %
Liquidity
Quick ratio8.311.511.510.710.7
Current ratio8.311.511.510.710.7
Cash and cash equivalents2 278.433 411.834 326.365 080.985 862.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBAA

Variable visualization

ROA:16.0%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.1%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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