VR1 LABS ApS — Credit Rating and Financial Key Figures

VR1 LABS ApS (CVR number: 36066644) is a company from ALBERTSLUND. The company reported a net sales of 0.3 mDKK in 2018, demonstrating a growth of 26.2 % compared to the previous year. The operating profit percentage was at 13.6 % (EBIT: 0 mDKK), while net earnings were 40.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.2 %, which can be considered excellent and Return on Equity (ROE) was 116.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -82 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VR1 LABS ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.