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VK Holding 2018 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VK Holding 2018 ApS
VK Holding 2018 ApS (CVR number: 39681773K) is a company from VORDINGBORG. The company reported a net sales of 403.1 mDKK in 2025, demonstrating a decline of -4 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 13.4 mDKK), while net earnings were 10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50 %, 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. VK Holding 2018 ApS's liquidity measured by quick ratio was 1.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 552.79 | 452.44 | 414.59 | 419.71 | 403.08 |
| Gross profit | 250.19 | 207.31 | 191.72 | 194.73 | 188.87 |
| EBIT | 59.98 | 21.14 | 13.34 | 15.53 | 13.35 |
| Net earnings | 42.28 | 12.69 | 8.83 | 12.22 | 10.57 |
| Shareholders equity total | 101.08 | 61.26 | 43.09 | 41.82 | 40.39 |
| Balance sheet total (assets) | 193.41 | 145.93 | 126.50 | 119.35 | 124.03 |
| Net debt | -17.96 | -25.24 | -31.45 | ||
| Profitability | |||||
| EBIT-% | 10.9 % | 4.7 % | 3.2 % | 3.7 % | 3.3 % |
| ROA | 29.4 % | 12.5 % | 10.5 % | 13.4 % | 11.5 % |
| ROE | 52.4 % | 15.6 % | 16.9 % | 28.8 % | 25.7 % |
| ROI | 29.4 % | 12.5 % | 14.1 % | 30.5 % | 28.1 % |
| Economic value added (EVA) | 56.94 | 16.06 | 5.73 | 9.33 | 7.91 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 44.6 % | 50.2 % | 50.0 % |
| Gearing | 14.2 % | 4.1 % | 0.7 % | ||
| Relative net indebtedness % | 12.5 % | 10.3 % | 11.0 % | ||
| Liquidity | |||||
| Quick ratio | 1.1 | 1.4 | 1.7 | ||
| Current ratio | 1.1 | 1.1 | 1.1 | ||
| Cash and cash equivalents | 24.10 | 26.97 | 31.75 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 14.1 | 11.0 | 14.4 | ||
| Net working capital % | 1.4 % | 1.8 % | 2.6 % | ||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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