VEJGAARD GLAS ApS — Credit Rating and Financial Key Figures

CVR number: 29539979
Søndervangsvej 3, 9000 Aalborg
tel: 98140566

Credit rating

Company information

Official name
VEJGAARD GLAS ApS
Personnel
4 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About VEJGAARD GLAS ApS

VEJGAARD GLAS ApS (CVR number: 29539979) is a company from AALBORG. The company recorded a gross profit of 2682.4 kDKK in 2023. The operating profit was 910.4 kDKK, while net earnings were 704.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.4 %, which can be considered excellent and Return on Equity (ROE) was 55.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VEJGAARD GLAS ApS's liquidity measured by quick ratio was 2.1 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 profit2 143.222 737.682 847.032 694.922 682.37
EBIT461.621 169.371 169.89992.30910.38
Net earnings358.82904.78888.99784.79704.67
Shareholders equity total734.421 289.201 278.181 262.971 267.65
Balance sheet total (assets)1 389.172 600.082 373.762 138.142 153.55
Net debt-1 100.63-1 886.25- 737.56-1 224.54-1 479.37
Profitability
EBIT-%
ROA29.9 %58.6 %47.0 %44.0 %42.4 %
ROE42.0 %89.4 %69.3 %61.8 %55.7 %
ROI54.0 %114.5 %88.4 %75.1 %69.8 %
Economic value added (EVA)369.46930.45926.94762.23702.53
Solvency
Equity ratio52.9 %49.6 %53.8 %59.1 %58.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.91.91.71.92.1
Current ratio2.02.01.82.02.1
Cash and cash equivalents1 100.631 886.25737.561 224.541 479.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:42.4%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.9%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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