VN HOLDING TULLEBØLLE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VN HOLDING TULLEBØLLE ApS
VN HOLDING TULLEBØLLE ApS (CVR number: 34721335) is a company from LANGELAND. The company recorded a gross profit of -3.9 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -3.9 kDKK, while net earnings were 199.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. VN HOLDING TULLEBØLLE ApS's liquidity measured by quick ratio was 1.9 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 | -7.76 | - 270.23 | 724.07 | 25.73 | |
Gross profit | -10.85 | - 273.79 | 720.01 | 20.99 | -3.92 |
EBIT | -10.85 | - 273.79 | 720.01 | 20.99 | -3.92 |
Net earnings | 1.05 | - 258.52 | 735.72 | 42.85 | 199.76 |
Shareholders equity total | 1 300.17 | 942.51 | 1 585.55 | 1 534.31 | 1 682.97 |
Balance sheet total (assets) | 1 567.37 | 1 297.64 | 2 032.90 | 2 083.74 | 2 321.09 |
Net debt | 231.50 | 316.96 | 406.35 | 507.04 | 586.86 |
Profitability | |||||
EBIT-% | 99.4 % | 81.6 % | |||
ROA | 0.8 % | -16.9 % | 45.3 % | 3.6 % | 11.4 % |
ROE | 0.1 % | -23.1 % | 58.2 % | 2.7 % | 12.4 % |
ROI | 0.8 % | -17.0 % | 45.6 % | 3.6 % | 11.5 % |
Economic value added (EVA) | -33.15 | - 315.41 | 649.50 | -7.22 | -43.42 |
Solvency | |||||
Equity ratio | 83.0 % | 72.6 % | 78.0 % | 73.6 % | 72.5 % |
Gearing | 20.2 % | 36.9 % | 27.5 % | 34.9 % | 36.6 % |
Relative net indebtedness % | -3048.8 % | -120.1 % | 57.7 % | 2023.7 % | |
Liquidity | |||||
Quick ratio | 2.7 | 2.6 | 2.0 | 2.1 | 1.9 |
Current ratio | 2.7 | 2.6 | 2.0 | 2.1 | 1.9 |
Cash and cash equivalents | 30.70 | 30.52 | 29.89 | 28.83 | 28.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -5709.5 % | -205.2 % | 64.4 % | 2267.7 % | |
Credit risk | |||||
Credit rating | BBB | BB | A | A | A |
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