Koed Vejle A/S — Credit Rating and Financial Key Figures

CVR number: 40988785
Wittrupvej 1, 7120 Vejle Øst

Credit rating

Company information

Official name
Koed Vejle A/S
Personnel
9 persons
Established
2019
Company form
Limited company
Industry
  • Expand more icon953190

About Koed Vejle A/S

Koed Vejle A/S (CVR number: 40988785) is a company from VEJLE. The company recorded a gross profit of 3904.5 kDKK in 2024. The operating profit was 456.1 kDKK, while net earnings were 259.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good and Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 7 %, 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. 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit615.251 986.322 668.913 084.143 904.46
EBIT- 627.68161.65119.41141.51456.12
Net earnings- 526.3067.1024.4017.17259.84
Shareholders equity total- 126.30-59.20-34.80-17.63242.21
Balance sheet total (assets)2 343.143 229.213 139.343 283.333 468.64
Net debt1 815.111 967.462 222.252 740.131 999.08
Profitability
EBIT-%
ROA-25.4 %5.7 %4.3 %4.5 %13.7 %
ROE-22.5 %2.4 %0.8 %0.5 %14.7 %
ROI-34.4 %8.5 %6.5 %5.8 %18.4 %
Economic value added (EVA)- 492.82130.9793.50112.43357.47
Solvency
Equity ratio-5.1 %-1.8 %-1.1 %-0.5 %7.0 %
Gearing-1437.1 %-3332.0 %-6526.2 %-15674.4 %827.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.40.30.4
Current ratio0.50.60.70.70.8
Cash and cash equivalents4.9548.8823.894.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.98%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer

Companies in the same industry

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