VID ApS

CVR number: 26632978
Svalbardvej 13, Tved 5700 Svendborg

Credit rating

Company information

Official name
VID ApS
Personnel
8 persons
Established
2002
Domicile
Tved
Company form
Private limited company
Industry
  • Expand more icon72Scientific research and development

About VID ApS

VID ApS (CVR number: 26632978) is a company from SVENDBORG. The company recorded a gross profit of 5677.1 kDKK in 2023. The operating profit was 33.1 kDKK, while net earnings were 226.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 51.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.2 %, 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. VID ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit3 109.503 452.603 755.354 588.525 677.12
EBIT- 108.5717.36-75.91-86.1133.07
Net earnings-71.6925.4610.3242.84226.73
Shareholders equity total449.70475.16485.48528.32355.05
Balance sheet total (assets)1 894.293 014.964 059.086 112.164 902.76
Net debt90.9783.0998.172 550.871 593.28
Profitability
EBIT-%
ROA0.9 %6.2 %3.3 %5.6 %13.9 %
ROE-15.9 %5.5 %2.1 %8.5 %51.3 %
ROI2.9 %22.1 %15.0 %14.4 %30.0 %
Economic value added (EVA)-88.68-10.88-66.00-71.76-0.04
Solvency
Equity ratio23.7 %15.8 %12.0 %8.6 %7.2 %
Gearing27.3 %25.4 %28.2 %492.1 %459.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.11.11.1
Current ratio1.01.11.11.11.1
Cash and cash equivalents31.7037.4438.8648.9839.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:13.9%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.24%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:26.353Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.