VB ILULISSAT ApS — Credit Rating and Financial Key Figures

CVR number: 12155816
3952 Ilulissat
Free credit report Annual report

Company information

Official name
VB ILULISSAT ApS
Established
2004
Company form
Private limited company
Industry

About VB ILULISSAT ApS

VB ILULISSAT ApS (CVR number: 12155816) is a company from AVANNAATA. The company recorded a gross profit of 8317.9 kDKK in 2024. The operating profit was -909.9 kDKK, while net earnings were -1842.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -94.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.6 %, 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. VB ILULISSAT ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 867.504 359.378 707.786 007.838 317.86
EBIT399.851 843.312 663.25-2 441.63- 909.89
Net earnings216.621 279.481 552.59-2 449.62-1 842.84
Shareholders equity total2 488.963 768.445 321.032 871.411 028.57
Balance sheet total (assets)6 943.067 931.3421 927.7116 732.5313 559.68
Net debt1 010.87-63.134 260.566 875.405 401.30
Profitability
EBIT-%
ROA6.2 %24.8 %17.9 %-12.6 %-5.9 %
ROE9.1 %40.9 %34.2 %-59.8 %-94.5 %
ROI12.9 %50.6 %28.8 %-19.9 %-11.0 %
Economic value added (EVA)151.531 178.351 755.50-2 594.73-1 639.20
Solvency
Equity ratio35.8 %47.5 %28.8 %19.2 %7.6 %
Gearing41.1 %169.6 %240.0 %526.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.50.50.3
Current ratio1.41.71.31.31.0
Cash and cash equivalents12.3063.134 761.2614.9610.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBB

Variable visualization

ROA:-5.90%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.59%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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