VV Development ApS — Credit Rating and Financial Key Figures

CVR number: 43622595
Riihimækivej 3, 9200 Aalborg SV
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Company information

Official name
VV Development ApS
Established
2022
Company form
Private limited company
Industry

About VV Development ApS

VV Development ApS (CVR number: 43622595) is a company from AALBORG. The company recorded a gross profit of -670.2 kDKK in 2024. The operating profit was -670.2 kDKK, while net earnings were -523.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -36.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VV Development ApS's liquidity measured by quick ratio was 2.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit- 873.67- 670.23
EBIT- 873.67- 670.23
Net earnings- 681.88- 523.55
Shareholders equity total- 641.881 794.57
Balance sheet total (assets)1 082.0756 741.73
Net debt1 463.7941 500.59
Profitability
EBIT-%
ROA-50.7 %-2.3 %
ROE-63.0 %-36.4 %
ROI-58.9 %-2.4 %
Economic value added (EVA)- 681.90- 565.20
Solvency
Equity ratio-37.2 %3.2 %
Gearing-230.9 %2879.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.32.6
Current ratio0.610.0
Cash and cash equivalents18.5410 181.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-2.29%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.16%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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