DANSK VIDEO KONVERTERING ApS — Credit Rating and Financial Key Figures

CVR number: 66138828
Røllikevej 1, 6800 Varde
tel: 20335666
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Company information

Official name
DANSK VIDEO KONVERTERING ApS
Personnel
1 person
Established
1980
Company form
Private limited company
Industry

About DANSK VIDEO KONVERTERING ApS

DANSK VIDEO KONVERTERING ApS (CVR number: 66138828) is a company from VARDE. The company recorded a gross profit of 164.6 kDKK in 2021. The operating profit was -171.9 kDKK, while net earnings were -179.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -69.7 %, which can be considered poor and Return on Equity (ROE) was -105.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DANSK VIDEO KONVERTERING ApS's liquidity measured by quick ratio was 3.1 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
2017
2018
2019
2020
2021
Volume
Net sales254.13278.78
Gross profit69.87153.9878.07356.09164.55
EBIT59.08-50.65- 129.6080.25- 171.92
Net earnings-45.68-40.84- 124.8048.80- 179.14
Shareholders equity total363.71369.85198.07260.0780.93
Balance sheet total (assets)408.32369.85238.83368.13120.29
Net debt- 408.32- 369.85- 238.83- 368.13- 120.29
Profitability
EBIT-%23.2 %-18.2 %
ROA17.1 %-10.5 %-41.0 %29.1 %-69.7 %
ROE-11.8 %-11.1 %-43.9 %21.3 %-105.1 %
ROI18.7 %-11.1 %-43.9 %38.6 %-99.8 %
Economic value added (EVA)60.65-48.40- 129.6082.30- 166.49
Solvency
Equity ratio89.1 %100.0 %82.9 %70.6 %67.3 %
Gearing
Relative net indebtedness %-143.1 %-132.7 %
Liquidity
Quick ratio9.25.93.43.1
Current ratio9.25.93.43.1
Cash and cash equivalents408.32369.85238.83368.13120.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %48.9 %46.8 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-69.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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