VEJVAD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 20838639
Michael Jensens Vej 1, Tjørring 7400 Herning

Company information

Official name
VEJVAD HOLDING ApS
Established
1998
Domicile
Tjørring
Company form
Private limited company
Industry

About VEJVAD HOLDING ApS

VEJVAD HOLDING ApS (CVR number: 20838639) is a company from HERNING. The company recorded a gross profit of -5.1 kDKK in 2023. The operating profit was -5.1 kDKK, while net earnings were -624.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.1 %, 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. VEJVAD HOLDING ApS's liquidity measured by quick ratio was 0.2 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 profit-15.84-16.43-17.32-5.07-5.09
EBIT-15.84-16.43-17.32-5.07-5.09
Net earnings173.76-30.17431.23179.03- 624.34
Shareholders equity total15 656.2315 404.8615 610.0815 560.3114 818.17
Balance sheet total (assets)23 483.9723 895.6627 766.2227 628.2527 382.88
Net debt7 345.237 823.1511 280.1510 883.6611 270.98
Profitability
EBIT-%
ROA2.4 %1.5 %2.9 %1.9 %-0.9 %
ROE1.1 %-0.2 %2.8 %1.1 %-4.1 %
ROI2.4 %1.5 %2.9 %2.0 %-1.0 %
Economic value added (EVA)366.88375.83409.35441.89469.92
Solvency
Equity ratio66.7 %64.5 %56.2 %56.3 %54.1 %
Gearing48.3 %52.3 %73.7 %71.7 %77.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.30.20.2
Current ratio0.00.00.30.20.2
Cash and cash equivalents220.87226.23222.95271.46279.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:-0.92%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.