VG 38 APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VG 38 APS
VG 38 APS (CVR number: 36563214) is a company from SVENDBORG. The company recorded a gross profit of -3.8 kDKK in 2024. The operating profit was -3.8 kDKK, while net earnings were 11 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -28.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VG 38 APS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -2.58 | -1.72 | -2.75 | -2.26 | -3.78 |
| EBIT | -36.08 | -1.72 | -2.75 | -2.26 | -3.78 |
| Net earnings | -43.77 | -10.03 | -11.90 | -10.67 | 10.96 |
| Shareholders equity total | - 177.31 | - 187.34 | - 199.24 | - 209.91 | - 198.95 |
| Balance sheet total (assets) | 24.17 | 27.96 | 10.04 | 495.63 | |
| Net debt | 107.11 | 121.42 | 133.33 | 154.39 | 177.23 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -18.7 % | -0.8 % | -1.3 % | -1.1 % | 3.7 % |
| ROE | -118.0 % | -38.5 % | -62.7 % | -212.6 % | 2.2 % |
| ROI | -29.5 % | -1.2 % | -1.9 % | -1.5 % | 4.1 % |
| Economic value added (EVA) | -28.54 | 8.40 | 8.07 | 8.26 | 6.77 |
| Solvency | |||||
| Equity ratio | -88.0 % | -87.0 % | -95.2 % | -100.0 % | -28.6 % |
| Gearing | -74.0 % | -79.7 % | -72.0 % | -73.5 % | -338.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.1 | 0.0 | 0.7 | |
| Current ratio | 0.1 | 0.1 | 0.0 | 0.7 | |
| Cash and cash equivalents | 24.17 | 27.96 | 10.04 | 495.42 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | B | B | BB |
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