VID ApS — Credit Rating and Financial Key Figures

VID ApS (CVR number: 26632978K) is a company from SVENDBORG. The company recorded a gross profit of 2562.5 kDKK in 2018. The operating profit was -14.3 kDKK, while net earnings were 16.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VID ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.