Veflinge Skovservice ApS — Credit Rating and Financial Key Figures

CVR number: 40708707
Elvedgårdsvej 42, 5474 Veflinge

Credit rating

Company information

Official name
Veflinge Skovservice ApS
Personnel
3 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon02Forestry and logging

About Veflinge Skovservice ApS

Veflinge Skovservice ApS (CVR number: 40708707) is a company from NORDFYNS. The company recorded a gross profit of 3681.2 kDKK in 2023. The operating profit was 586 kDKK, while net earnings were 464.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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. Veflinge Skovservice ApS's liquidity measured by quick ratio was 4.3 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 profit3 348.003 907.002 809.003 758.003 681.22
EBIT677.001 009.00510.00726.00586.01
Net earnings526.00764.00391.00563.00464.35
Shareholders equity total1 352.002 006.001 897.002 210.002 424.24
Balance sheet total (assets)1 809.002 543.002 152.003 010.003 130.66
Net debt-1 054.00-1 828.00-1 604.00-2 268.00-1 783.95
Profitability
EBIT-%
ROA37.6 %46.4 %21.7 %28.4 %19.4 %
ROE38.9 %45.5 %20.0 %27.4 %20.0 %
ROI48.5 %58.9 %26.0 %35.5 %25.7 %
Economic value added (EVA)523.68772.44389.08550.61459.83
Solvency
Equity ratio74.7 %78.9 %88.2 %73.4 %77.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.24.68.33.54.3
Current ratio4.24.68.33.64.3
Cash and cash equivalents1 054.001 828.001 604.002 268.001 783.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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