VIRKLUND SPORT A/S — Credit Rating and Financial Key Figures

CVR number: 13411182
Korshøjvej 2, 8600 Silkeborg

Credit rating

Company information

Official name
VIRKLUND SPORT A/S
Established
1989
Company form
Limited company
Industry
  • Expand more icon32Other manufacturing

About VIRKLUND SPORT A/S

VIRKLUND SPORT A/S (CVR number: 13411182K) is a company from SILKEBORG. The company recorded a gross profit of 16.6 mDKK in 2016. The operating profit was -1074 kDKK, while net earnings were -4190.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -45 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VIRKLUND SPORT A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
Volume
Net sales
Gross profit16 620.18
EBIT-1 073.99
Net earnings-4 190.67
Shareholders equity total9 312.35
Balance sheet total (assets)49 339.05
Net debt15 562.60
Profitability
EBIT-%
ROA-2.0 %
ROE-45.0 %
ROI-3.3 %
Economic value added (EVA)-1 028.44
Solvency
Equity ratio18.9 %
Gearing167.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.8
Current ratio1.1
Cash and cash equivalents24.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-2.03%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.9%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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