Viga RE A/S — Credit Rating and Financial Key Figures

Viga RE A/S (CVR number: 41851112K) is a company from KØBENHAVN. The company reported a net sales of 12.5 mEUR in 2023, demonstrating a growth of 55.6 % compared to the previous year. The operating profit percentage was poor at -3.7 % (EBIT: -0.5 mEUR), while net earnings were 2 kEUR. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Viga RE A/S's liquidity measured by quick ratio was 3.4 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.