VANTING COLLECTION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VANTING COLLECTION ApS
VANTING COLLECTION ApS (CVR number: 27434290) is a company from IKAST-BRANDE. The company recorded a gross profit of 3208.7 kDKK in 2023. The operating profit was -366.4 kDKK, while net earnings were -436.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -14.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VANTING COLLECTION ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 158.97 | 4 563.01 | 4 420.07 | 3 161.85 | 3 208.71 |
EBIT | 303.34 | 355.50 | 425.71 | -1 594.22 | - 366.43 |
Net earnings | 240.43 | 244.09 | 289.64 | -1 607.28 | - 436.67 |
Shareholders equity total | 4 222.32 | 4 466.41 | 4 756.06 | 3 148.77 | 2 712.10 |
Balance sheet total (assets) | 6 535.32 | 6 746.05 | 8 053.11 | 7 534.44 | 6 281.18 |
Net debt | -1 714.45 | -1 025.55 | -3 331.44 | 1 145.29 | 876.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.1 % | 5.4 % | 5.8 % | -19.4 % | -4.9 % |
ROE | 5.9 % | 5.6 % | 6.3 % | -40.7 % | -14.9 % |
ROI | 8.2 % | 7.9 % | 8.9 % | -30.0 % | -7.0 % |
Economic value added (EVA) | 78.85 | 151.11 | 152.12 | -1 698.50 | - 497.33 |
Solvency | |||||
Equity ratio | 64.6 % | 66.2 % | 59.1 % | 41.8 % | 43.2 % |
Gearing | 0.4 % | 0.2 % | 2.0 % | 53.6 % | 54.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.2 | 1.5 | 0.7 | 0.6 |
Current ratio | 2.8 | 2.9 | 2.3 | 1.7 | 1.9 |
Cash and cash equivalents | 1 731.75 | 1 032.99 | 3 427.13 | 543.78 | 603.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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