VFS DENMARK A/S — Credit Rating and Financial Key Figures

VFS DENMARK A/S (CVR number: 19598047) is a company from Høje-Taastrup. The company reported a net sales of 61.9 mDKK in 2023, demonstrating a growth of 76.5 % compared to the previous year. The operating profit percentage was at 19.9 % (EBIT: 12.3 mDKK), while net earnings were 14.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was 23.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.4 %, 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. VFS DENMARK A/S's liquidity measured by quick ratio was 45.9 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.