CHEMVET DK A/S — Credit Rating and Financial Key Figures

CVR number: 11988237
A.C.Illums Vej 6, 8600 Silkeborg
tel: 86817524

Credit rating

Company information

Official name
CHEMVET DK A/S
Personnel
17 persons
Established
1988
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About CHEMVET DK A/S

CHEMVET DK A/S (CVR number: 11988237) is a company from SILKEBORG. The company recorded a gross profit of 25.5 mDKK in 2023. The operating profit was 18 mDKK, while net earnings were 14.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 58.6 %, which can be considered excellent and Return on Equity (ROE) was 69 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65 %, 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. CHEMVET DK A/S's liquidity measured by quick ratio was 2.2 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 profit19 083.3620 565.1226 095.4124 654.0025 501.97
EBIT10 464.8113 157.9919 310.9617 367.9917 977.54
Net earnings8 136.7310 204.2714 907.8613 432.4314 111.77
Shareholders equity total13 337.5017 541.7720 449.6319 882.0620 993.83
Balance sheet total (assets)26 878.3130 576.8134 425.6929 669.3032 306.84
Net debt- 577.00-4 754.25-9 440.97-1 491.59-4 282.16
Profitability
EBIT-%
ROA43.7 %46.3 %59.4 %54.2 %58.6 %
ROE66.3 %66.1 %78.5 %66.6 %69.0 %
ROI62.9 %66.5 %80.1 %70.1 %73.2 %
Economic value added (EVA)7 452.849 635.6514 434.6213 100.1513 118.01
Solvency
Equity ratio49.6 %57.4 %59.4 %67.0 %65.0 %
Gearing32.3 %22.6 %25.9 %16.3 %22.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.01.92.42.2
Current ratio2.12.72.53.43.0
Cash and cash equivalents4 888.148 720.8614 732.804 723.739 050.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:58.6%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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