VENDEL INVEST II A/S — Credit Rating and Financial Key Figures

CVR number: 34615543
Degnebakken 6, 9830 Tårs

Company information

Official name
VENDEL INVEST II A/S
Established
2012
Company form
Limited company
Industry

About VENDEL INVEST II A/S

VENDEL INVEST II A/S (CVR number: 34615543) is a company from HJØRRING. The company recorded a gross profit of 1590.5 kDKK in 2023. The operating profit was 1890.5 kDKK, while net earnings were 1181.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. VENDEL INVEST II A/S's liquidity measured by quick ratio was 0.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 437.881 449.401 474.061 517.891 590.49
EBIT68.772 999.401 504.061 417.891 890.49
Net earnings- 186.592 141.781 257.74953.591 181.16
Shareholders equity total7 726.249 868.0211 125.7710 079.3611 260.52
Balance sheet total (assets)20 009.6921 568.7323 063.0521 480.0021 915.85
Net debt10 346.398 907.258 548.438 557.787 620.01
Profitability
EBIT-%
ROA0.3 %14.6 %8.3 %6.4 %8.7 %
ROE-2.4 %24.3 %12.0 %9.0 %11.1 %
ROI0.3 %14.9 %8.6 %6.5 %8.9 %
Economic value added (EVA)- 793.661 560.61346.43206.47646.80
Solvency
Equity ratio38.6 %45.8 %48.2 %46.9 %51.4 %
Gearing134.0 %90.4 %78.1 %84.9 %67.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.60.1
Current ratio0.00.00.60.1
Cash and cash equivalents9.699.69141.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:8.71%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.4%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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