Vangs APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vangs APS
Vangs APS (CVR number: 39804565) is a company from SLAGELSE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 49.1 % compared to the previous year. The operating profit percentage was at 39.5 % (EBIT: 0.3 mDKK), while net earnings were 206.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 75.5 %, which can be considered excellent and Return on Equity (ROE) was 95.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Vangs APS's liquidity measured by quick ratio was 6.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 193.36 | 280.31 | 344.31 | 450.39 | 671.71 |
Gross profit | 72.31 | 129.94 | 139.59 | 154.04 | 293.83 |
EBIT | 72.31 | 126.40 | 128.48 | 136.02 | 265.58 |
Net earnings | 56.40 | 99.68 | 101.43 | 108.17 | 206.71 |
Shareholders equity total | 106.40 | 156.08 | 159.52 | 166.69 | 265.68 |
Balance sheet total (assets) | 141.08 | 221.02 | 199.50 | 330.56 | 372.95 |
Net debt | -77.51 | - 143.25 | -34.27 | - 107.32 | - 172.72 |
Profitability | |||||
EBIT-% | 37.4 % | 45.1 % | 37.3 % | 30.2 % | 39.5 % |
ROA | 51.3 % | 69.8 % | 61.1 % | 51.3 % | 75.5 % |
ROE | 53.0 % | 76.0 % | 64.3 % | 66.3 % | 95.6 % |
ROI | 68.0 % | 96.3 % | 81.4 % | 83.4 % | 122.9 % |
Economic value added (EVA) | 56.40 | 98.23 | 101.11 | 102.29 | 204.16 |
Solvency | |||||
Equity ratio | 75.4 % | 70.6 % | 80.0 % | 50.4 % | 71.2 % |
Gearing | |||||
Relative net indebtedness % | -22.2 % | -27.9 % | 1.7 % | 12.6 % | -9.7 % |
Liquidity | |||||
Quick ratio | 6.3 | 3.0 | 4.3 | 1.4 | 6.3 |
Current ratio | 7.5 | 3.9 | 8.5 | 1.9 | 7.5 |
Cash and cash equivalents | 77.51 | 143.25 | 34.27 | 107.32 | 172.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 78.3 | 38.6 | 35.8 | 32.7 | |
Net working capital % | 63.3 % | 50.7 % | 35.6 % | 24.0 % | 35.6 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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