Koed Vejle A/S

CVR number: 40988785
Wittrupvej 1, 7120 Vejle Øst

Credit rating

Company information

Official name
Koed Vejle A/S
Established
2019
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About Koed Vejle A/S

Koed Vejle A/S (CVR number: 40988785) is a company from VEJLE. The company recorded a gross profit of 2668.9 kDKK in 2022. The operating profit was 119.4 kDKK, while net earnings were 24.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -1.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Koed Vejle A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202020212022
Volume
Net sales
Gross profit615.251 986.322 668.91
EBIT- 627.68161.65119.41
Net earnings- 526.3067.1024.40
Shareholders equity total- 126.30-59.20-34.80
Balance sheet total (assets)2 343.143 229.213 139.34
Net debt1 815.111 967.462 222.25
Profitability
EBIT-%
ROA-25.4 %5.7 %4.3 %
ROE-22.5 %2.4 %0.8 %
ROI-34.4 %8.5 %6.5 %
Economic value added (EVA)- 492.82130.9793.50
Solvency
Equity ratio-5.1 %-1.8 %-1.1 %
Gearing-1437.1 %-3332.0 %-6526.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.4
Current ratio0.50.60.7
Cash and cash equivalents4.9548.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:4.27%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-1.10%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

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