DR VEJEN ApS — Credit Rating and Financial Key Figures

CVR number: 20660988
Kirsebærvej 55, 6600 Vejen

Company information

Official name
DR VEJEN ApS
Established
1997
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings528.21780.33905.24- 577.94767.08
Shareholders equity total2 777.143 446.874 239.113 546.774 196.05
Balance sheet total (assets)3 338.804 183.965 348.564 862.025 497.60
Net debt-3 338.80-4 183.96-5 348.56-4 623.86-5 459.51
Profitability
EBIT-%
ROA23.0 %28.9 %24.8 %2.8 %19.0 %
ROE20.6 %25.1 %23.6 %-14.8 %19.8 %
ROI27.3 %35.0 %30.8 %3.7 %25.5 %
Economic value added (EVA)8.4120.1228.9247.1142.82
Solvency
Equity ratio83.2 %82.4 %79.3 %72.9 %76.3 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.95.74.83.74.2
Current ratio5.95.74.83.74.2
Cash and cash equivalents3 338.804 183.965 348.564 623.865 459.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:19.0%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.3%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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