VMS Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VMS Group A/S
VMS Group A/S (CVR number: 27215629) is a company from FREDERIKSHAVN. The company reported a net sales of 537.8 mDKK in 2023, demonstrating a growth of 50.9 % compared to the previous year. The operating profit percentage was at 7.2 % (EBIT: 38.6 mDKK), while net earnings were 32.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 44.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60 %, 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. VMS Group A/S's liquidity measured by quick ratio was 3.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 356 401.94 | 537 813.17 | |||
Gross profit | 144 693.80 | 180 845.04 | |||
EBIT | 9 656.00 | 723.00 | 1 220.00 | 20 621.21 | 38 565.32 |
Net earnings | 1 678.00 | -2 403.00 | 2 536.00 | 19 579.95 | 32 438.15 |
Shareholders equity total | 40 512.00 | 40 515.00 | 42 359.00 | 60 725.81 | 83 895.29 |
Balance sheet total (assets) | 182 837.00 | 140 819.00 | 164 670.00 | 247 113.02 | 257 361.98 |
Net debt | 31 781.68 | 13 607.39 | |||
Profitability | |||||
EBIT-% | 5.8 % | 7.2 % | |||
ROA | 5.5 % | 0.4 % | 0.8 % | 12.6 % | 17.4 % |
ROE | 4.2 % | -5.9 % | 6.1 % | 38.0 % | 44.9 % |
ROI | 7.3 % | 0.4 % | 0.8 % | 12.6 % | 18.4 % |
Economic value added (EVA) | 8 031.18 | -1 312.73 | - 815.88 | 13 954.18 | 27 414.81 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 70.5 % | 60.0 % |
Gearing | 57.7 % | 19.3 % | |||
Relative net indebtedness % | 11.7 % | 9.6 % | |||
Liquidity | |||||
Quick ratio | 15.2 | 3.7 | |||
Current ratio | 6.5 | 5.3 | |||
Cash and cash equivalents | 3 233.54 | 2 613.20 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 67.3 | 43.1 | |||
Net working capital % | 54.0 % | 35.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AA |
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