DANSK VIDEO KONVERTERING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 254.13 | 278.78 | |||
Gross profit | 69.87 | 153.98 | 78.07 | 356.09 | 164.55 |
EBIT | 59.08 | -50.65 | - 129.60 | 80.25 | - 171.92 |
Net earnings | -45.68 | -40.84 | - 124.80 | 48.80 | - 179.14 |
Shareholders equity total | 363.71 | 369.85 | 198.07 | 260.07 | 80.93 |
Balance sheet total (assets) | 408.32 | 369.85 | 238.83 | 368.13 | 120.29 |
Net debt | - 408.32 | - 369.85 | - 238.83 | - 368.13 | - 120.29 |
Profitability | |||||
EBIT-% | 23.2 % | -18.2 % | |||
ROA | 17.1 % | -10.5 % | -41.0 % | 29.1 % | -69.7 % |
ROE | -11.8 % | -11.1 % | -43.9 % | 21.3 % | -105.1 % |
ROI | 18.7 % | -11.1 % | -43.9 % | 38.6 % | -99.8 % |
Economic value added (EVA) | 60.65 | -48.40 | - 129.60 | 82.30 | - 166.49 |
Solvency | |||||
Equity ratio | 89.1 % | 100.0 % | 82.9 % | 70.6 % | 67.3 % |
Gearing | |||||
Relative net indebtedness % | -143.1 % | -132.7 % | |||
Liquidity | |||||
Quick ratio | 9.2 | 5.9 | 3.4 | 3.1 | |
Current ratio | 9.2 | 5.9 | 3.4 | 3.1 | |
Cash and cash equivalents | 408.32 | 369.85 | 238.83 | 368.13 | 120.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 48.9 % | 46.8 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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