Credit rating
Company information
About DR VEJEN ApS
DR VEJEN ApS (CVR number: 20660988) is a company from VEJEN. The company recorded a gross profit of -14.5 kDKK in 2023. The operating profit was -14.5 kDKK, while net earnings were 767.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DR VEJEN ApS's liquidity measured by quick ratio was 4.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.43 | -10.40 | -10.41 | -11.03 | -14.51 |
EBIT | -10.43 | -10.40 | -10.41 | -11.03 | -14.51 |
Net earnings | 528.21 | 780.33 | 905.24 | - 577.94 | 767.08 |
Shareholders equity total | 2 777.14 | 3 446.87 | 4 239.11 | 3 546.77 | 4 196.05 |
Balance sheet total (assets) | 3 338.80 | 4 183.96 | 5 348.56 | 4 862.02 | 5 497.60 |
Net debt | -3 338.80 | -4 183.96 | -5 348.56 | -4 623.86 | -5 459.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.0 % | 28.9 % | 24.8 % | 2.8 % | 19.0 % |
ROE | 20.6 % | 25.1 % | 23.6 % | -14.8 % | 19.8 % |
ROI | 27.3 % | 35.0 % | 30.8 % | 3.7 % | 25.5 % |
Economic value added (EVA) | 8.41 | 20.12 | 28.92 | 47.11 | 42.82 |
Solvency | |||||
Equity ratio | 83.2 % | 82.4 % | 79.3 % | 72.9 % | 76.3 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.9 | 5.7 | 4.8 | 3.7 | 4.2 |
Current ratio | 5.9 | 5.7 | 4.8 | 3.7 | 4.2 |
Cash and cash equivalents | 3 338.80 | 4 183.96 | 5 348.56 | 4 623.86 | 5 459.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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