Vectorcon IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vectorcon IVS
Vectorcon IVS (CVR number: 37695823) is a company from RØDOVRE. The company reported a net sales of 0.3 mDKK in 2018, demonstrating a decline of -12.1 % compared to the previous year. The operating profit percentage was at 39.6 % (EBIT: 0.1 mDKK), while net earnings were 90.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78.1 %, which can be considered excellent and Return on Equity (ROE) was 134.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Vectorcon IVS's liquidity measured by quick ratio was 1.8 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 financials2017 | 2018 | |
|---|---|---|
| Volume | ||
| Net sales | 334.51 | 294.11 |
| Gross profit | 298.13 | 256.02 |
| EBIT | 83.82 | 116.58 |
| Net earnings | 64.34 | 90.21 |
| Shareholders equity total | 81.36 | 52.52 |
| Balance sheet total (assets) | 120.25 | 178.19 |
| Net debt | - 120.25 | - 175.19 |
| Profitability | ||
| EBIT-% | 25.1 % | 39.6 % |
| ROA | 69.7 % | 78.1 % |
| ROE | 79.1 % | 134.8 % |
| ROI | 103.0 % | 174.1 % |
| Economic value added (EVA) | 65.38 | 92.89 |
| Solvency | ||
| Equity ratio | 67.7 % | 29.5 % |
| Gearing | ||
| Relative net indebtedness % | -24.3 % | -16.8 % |
| Liquidity | ||
| Quick ratio | 3.1 | 1.8 |
| Current ratio | 3.1 | 1.8 |
| Cash and cash equivalents | 120.25 | 175.19 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | 24.3 % | 26.4 % |
| Credit risk | ||
| Credit rating | B | BB |
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