VENNERSLUND GODS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VENNERSLUND GODS A/S
VENNERSLUND GODS A/S (CVR number: 13818738) is a company from GULDBORGSUND. The company recorded a gross profit of 1146.5 kDKK in 2023. The operating profit was -362.1 kDKK, while net earnings were -3120.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.4 %, which can be considered poor and Return on Equity (ROE) was -8.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VENNERSLUND GODS A/S's liquidity measured by quick ratio was 4.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 789.51 | 1 727.01 | 7 045.51 | 970.85 | 1 146.47 |
EBIT | 3 728.08 | 56.89 | 5 918.76 | - 679.34 | - 362.09 |
Net earnings | 3 840.74 | 772.05 | 5 849.69 | 1 311.80 | -3 120.92 |
Shareholders equity total | -8 303.78 | -5 969.69 | - 119.99 | 1 191.80 | -1 929.12 |
Balance sheet total (assets) | 67 233.86 | 69 829.85 | 73 236.51 | 72 730.99 | 68 890.31 |
Net debt | 64 101.28 | 68 339.84 | 64 278.21 | 67 522.35 | 68 026.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.4 % | 3.5 % | 10.9 % | 2.9 % | -3.4 % |
ROE | 5.8 % | 1.1 % | 8.2 % | 3.5 % | -8.9 % |
ROI | 9.5 % | 4.0 % | 11.5 % | 3.0 % | -3.5 % |
Economic value added (EVA) | 253.50 | -2 523.77 | 1 368.88 | -3 749.36 | -3 531.62 |
Solvency | |||||
Equity ratio | -11.0 % | -7.9 % | -0.2 % | 1.6 % | -2.7 % |
Gearing | -778.6 % | -1168.7 % | -57978.7 % | 5793.3 % | -3553.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 1.2 | 2.8 | 4.0 | 4.6 |
Current ratio | 0.3 | 1.2 | 2.8 | 4.0 | 4.6 |
Cash and cash equivalents | 547.97 | 1 427.89 | 5 291.01 | 1 522.31 | 518.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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