Vivada Properties DK II ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vivada Properties DK II ApS
Vivada Properties DK II ApS (CVR number: 32669433) is a company from AARHUS. The company recorded a gross profit of 24.7 mDKK in 2024. The operating profit was 24.9 mDKK, while net earnings were 7727.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 16.8 %, 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. Vivada Properties DK II ApS's liquidity measured by quick ratio was 2.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 406.67 | 6 203.37 | 22 049.63 | 22 319.61 | 24 724.48 |
EBIT | - 406.67 | 352 056.41 | -60 615.28 | 78 490.90 | 24 901.03 |
Net earnings | - 581.82 | 263 869.76 | -53 721.18 | 45 666.20 | 7 727.69 |
Shareholders equity total | 134 916.38 | 294 763.36 | 128 842.18 | 145 758.37 | 148 286.06 |
Balance sheet total (assets) | 523 405.40 | 918 452.03 | 851 294.91 | 885 075.69 | 887 946.45 |
Net debt | 357 495.93 | 491 070.79 | 591 997.78 | 615 458.31 | 611 871.63 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | 48.8 % | -6.8 % | 9.1 % | 2.9 % |
ROE | -0.4 % | 122.8 % | -25.4 % | 33.3 % | 5.3 % |
ROI | -0.1 % | 50.2 % | -7.0 % | 9.3 % | 2.9 % |
Economic value added (EVA) | -12 592.91 | 245 316.96 | -93 447.43 | 16 408.83 | -20 154.49 |
Solvency | |||||
Equity ratio | 25.8 % | 32.2 % | 15.2 % | 16.5 % | 16.8 % |
Gearing | 266.9 % | 178.1 % | 494.7 % | 437.6 % | 430.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 2.9 | 3.8 | 1.9 | 2.2 |
Current ratio | 0.0 | 2.4 | 3.1 | 1.6 | 1.8 |
Cash and cash equivalents | 2 558.90 | 33 823.56 | 45 393.19 | 22 329.28 | 26 453.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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