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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Bankruptcy risk for industry  0.3% 0.3% 0.3% 0.3% 0.3%  
Bankruptcy risk  1.4% 1.2% 1.2% 1.1% 1.2%  
Credit score (0-100)  79 81 81 82 82  
Credit rating  A A A A A  
Credit limit (kDKK)  467.8 1,396.0 1,262.0 2,005.9 1,252.5  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Net sales  0 0 0 0 0  
Gross profit  1,894 1,945 1,865 1,871 2,785  
EBITDA  1,804 1,855 1,775 1,781 2,695  
EBIT  1,804 1,708 1,628 1,634 2,548  
Pre-tax profit (PTP)  1,676.3 1,604.4 1,486.5 1,469.3 2,371.0  
Net earnings  1,309.1 1,259.6 1,170.4 1,155.3 1,849.4  
Pre-tax profit without non-rec. items  1,676 1,604 1,486 1,469 2,371  

 
See the entire income statement

Balance sheet (kDKK) 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Tangible assets total  62,887 62,608 62,461 62,314 62,167  
Shareholders equity total  49,491 50,647 51,817 52,973 54,822  
Interest-bearing liabilities  7,053 7,224 7,495 7,653 7,866  
Balance sheet total (assets)  64,810 66,145 67,941 69,313 71,728  

Net Debt  5,771 4,738 3,095 1,704 -348  
 
See the entire balance sheet

Volume 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  1,894 1,945 1,865 1,871 2,785  
Gross profit growth  2,723.8% 2.7% -4.1% 0.3% 48.9%  
Employees  1 1 1 1 1  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  64,810 66,145 67,941 69,313 71,728  
Balance sheet change%  2.4% 2.1% 2.7% 2.0% 3.5%  
Added value  1,803.8 1,855.0 1,774.8 1,780.6 2,694.6  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  0 -427 -294 -294 -294  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  2.0 3.0 4.0 5.0 5.0  

Profitability 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  95.2% 87.8% 87.3% 87.3% 91.5%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  2.8% 2.6% 2.4% 2.5% 3.8%  
ROI %  3.0% 2.6% 2.5% 2.5% 3.9%  
ROE %  2.7% 2.5% 2.3% 2.2% 3.4%  

Solidity 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Equity ratio %  76.4% 76.6% 76.3% 76.4% 76.4%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  320.0% 255.4% 174.4% 95.7% -12.9%  
Gearing %  14.3% 14.3% 14.5% 14.4% 14.3%  
Net interest  0 0 0 0 0  
Financing costs %  3.7% 1.5% 2.1% 2.9% 3.9%  

Liquidity 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Quick Ratio  0.6 0.8 1.2 1.6 2.1  
Current Ratio  0.6 0.8 1.2 1.6 2.1  
Cash and cash equivalent  1,281.7 2,486.0 4,399.4 5,949.5 8,214.0  

Capital use efficiency 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  -1,256.8 -673.3 818.8 2,294.4 4,473.0  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Net sales / employee  0 0 0 0 0  
Added value / employee  1,804 1,855 1,775 1,781 2,695  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  1,804 1,855 1,775 1,781 2,695  
EBIT / employee  1,804 1,708 1,628 1,634 2,548  
Net earnings / employee  1,309 1,260 1,170 1,155 1,849