VIRTUAL TEAM A/S — Credit Rating and Financial Key Figures

CVR number: 33505590
Skovbovænget 107, 3500 Værløse

Credit rating

Company information

Official name
VIRTUAL TEAM A/S
Personnel
1 person
Established
2011
Company form
Limited company
Industry

About VIRTUAL TEAM A/S

VIRTUAL TEAM A/S (CVR number: 33505590) is a company from BALLERUP. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 50 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 0 mDKK), while net earnings were 254.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VIRTUAL TEAM A/S's liquidity measured by quick ratio was 14.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 398.361 999.04912.80445.69668.73
Gross profit854.511 663.01791.31376.12483.22
EBIT670.341 106.45- 113.01371.808.61
Net earnings770.60961.51303.12- 251.37254.76
Shareholders equity total1 298.382 259.892 563.012 311.642 566.40
Balance sheet total (assets)1 632.513 062.803 534.982 498.662 756.70
Net debt-1 426.34-2 578.30-2 469.96-2 174.51-2 254.59
Profitability
EBIT-%47.9 %55.3 %-12.4 %83.4 %1.3 %
ROA69.7 %53.6 %13.2 %16.1 %10.5 %
ROE84.4 %54.0 %12.6 %-10.3 %10.4 %
ROI85.8 %70.5 %16.5 %17.7 %11.0 %
Economic value added (EVA)648.30874.89-66.77395.0114.14
Solvency
Equity ratio79.5 %73.8 %72.5 %92.5 %93.1 %
Gearing0.6 %0.1 %17.7 %6.4 %0.1 %
Relative net indebtedness %-78.7 %-88.9 %-213.9 %-479.3 %-308.9 %
Liquidity
Quick ratio4.73.83.613.414.5
Current ratio4.93.83.613.414.5
Cash and cash equivalents1 434.312 580.482 924.832 323.202 256.03
Capital use efficiency
Trade debtors turnover (days)24.290.0141.5
Net working capital %45.4 %48.5 %69.1 %197.0 %134.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.1%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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