V-design 2020 ApS — Credit Rating and Financial Key Figures

CVR number: 41953438
Ternevej 5, 6920 Videbæk
slj@klbm.dk

Credit rating

Company information

Official name
V-design 2020 ApS
Personnel
5 persons
Established
2020
Company form
Private limited company
Industry
  • Expand more icon410000

About V-design 2020 ApS

V-design 2020 ApS (CVR number: 41953438) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 138.3 kDKK in 2023. The operating profit was 36.2 kDKK, while net earnings were 26.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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. V-design 2020 ApS's liquidity measured by quick ratio was 1.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit265.67129.94138.32
EBIT123.1111.7536.19
Net earnings95.176.1226.11
Shareholders equity total135.17141.30167.41
Balance sheet total (assets)437.78383.10323.99
Net debt-64.89-78.85- 169.69
Profitability
EBIT-%
ROA28.1 %2.9 %10.2 %
ROE70.4 %4.4 %16.9 %
ROI40.7 %4.1 %15.6 %
Economic value added (EVA)95.7313.1931.33
Solvency
Equity ratio30.9 %36.9 %51.7 %
Gearing121.1 %91.5 %9.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.6
Current ratio0.91.11.6
Cash and cash equivalents228.52208.10185.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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