Credit rating
Company information
About VONAGE A/S
VONAGE A/S (CVR number: 28123965) is a company from GENTOFTE. The company recorded a gross profit of -83.6 kDKK in 2020. The operating profit was -83.6 kDKK, while net earnings were -45.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VONAGE A/S's liquidity measured by quick ratio was 0.5 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -39.48 | -55.00 | -74.07 | -48.29 | -83.63 |
EBIT | -39.48 | -55.00 | -74.07 | -48.29 | -83.63 |
Net earnings | -32.86 | -4.00 | -90.80 | -86.33 | -45.47 |
Shareholders equity total | - 271.21 | - 275.00 | - 365.67 | - 452.00 | - 497.47 |
Balance sheet total (assets) | 536.77 | 530.00 | 520.10 | 510.50 | 498.68 |
Net debt | 206.24 | 241.00 | 330.52 | 376.12 | 442.61 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.4 % | 1.1 % | -6.9 % | -5.2 % | -3.8 % |
ROE | -6.1 % | -0.7 % | -17.3 % | -16.8 % | -9.0 % |
ROI | -1.5 % | 1.2 % | -7.2 % | -5.6 % | -4.1 % |
Economic value added (EVA) | -39.48 | -14.40 | -33.62 | -3.78 | -35.27 |
Solvency | |||||
Equity ratio | -33.6 % | -34.2 % | -41.3 % | -47.0 % | -49.9 % |
Gearing | -274.0 % | -280.4 % | -232.6 % | -196.1 % | -189.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.6 | 0.5 | 0.5 |
Current ratio | 0.7 | 0.7 | 0.6 | 0.5 | 0.5 |
Cash and cash equivalents | 536.74 | 530.00 | 520.07 | 510.47 | 498.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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