VEJEN EL-TEKNIK EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures

CVR number: 31671981
Industrivej Vest 16, 6600 Vejen

Credit rating

Company information

Official name
VEJEN EL-TEKNIK EJENDOMSSELSKAB ApS
Established
2008
Company form
Private limited company
Industry

About VEJEN EL-TEKNIK EJENDOMSSELSKAB ApS

VEJEN EL-TEKNIK EJENDOMSSELSKAB ApS (CVR number: 31671981) is a company from VEJEN. The company recorded a gross profit of 189.6 kDKK in 2024. The operating profit was 149.5 kDKK, while net earnings were 108.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. VEJEN EL-TEKNIK EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit158.07158.40170.77169.33189.65
EBIT117.97118.30130.67129.23149.55
Net earnings87.5484.1082.02100.21108.20
Shareholders equity total1 436.571 420.671 402.691 402.901 411.10
Balance sheet total (assets)1 736.331 817.411 620.051 730.421 877.14
Net debt- 135.97- 200.90-99.89- 188.49- 437.17
Profitability
EBIT-%
ROA6.3 %6.7 %7.6 %7.7 %8.3 %
ROE5.5 %5.9 %5.8 %7.1 %7.7 %
ROI7.0 %7.8 %8.6 %8.5 %9.8 %
Economic value added (EVA)22.9626.8423.5435.2355.26
Solvency
Equity ratio82.7 %78.2 %86.6 %81.1 %75.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.60.91.01.21.3
Current ratio0.60.91.01.21.3
Cash and cash equivalents135.97200.9099.89188.49437.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.34%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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