VEKSEL A/S — Credit Rating and Financial Key Figures

CVR number: 25387163
Spodsbjergvej 141, 5900 Rudkøbing
post@veksel.dk
tel: 62514058
www.veksel.dk

Credit rating

Company information

Official name
VEKSEL A/S
Personnel
1 person
Established
2000
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About VEKSEL A/S

VEKSEL A/S (CVR number: 25387163) is a company from LANGELAND. The company reported a net sales of 28.1 mDKK in 2024, demonstrating a growth of 9.6 % compared to the previous year. The operating profit percentage was at 22.9 % (EBIT: 6.4 mDKK), while net earnings were 5407.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. VEKSEL A/S's liquidity measured by quick ratio was 1.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales18 639.7017 218.3823 642.5525 608.4628 074.77
Gross profit5 991.654 847.247 941.8510 754.7712 150.17
EBIT1 478.95415.203 040.265 825.956 432.21
Net earnings1 096.72511.271 461.555 170.595 407.66
Shareholders equity total112 798.44113 309.71114 771.26119 941.86125 349.52
Balance sheet total (assets)143 667.39147 253.77148 740.38155 822.81159 886.21
Net debt-23 794.22-30 576.70-23 959.53-29 176.29-32 017.65
Profitability
EBIT-%7.9 %2.4 %12.9 %22.8 %22.9 %
ROA1.0 %0.5 %2.2 %4.4 %4.6 %
ROE1.0 %0.5 %1.3 %4.4 %4.4 %
ROI1.2 %0.6 %2.6 %5.2 %5.5 %
Economic value added (EVA)-3 591.42-4 123.85-1 756.5345.63475.03
Solvency
Equity ratio78.5 %76.9 %77.2 %77.0 %78.4 %
Gearing0.4 %0.5 %1.1 %1.1 %1.0 %
Relative net indebtedness %-26.1 %-42.4 %-7.3 %-13.5 %-24.6 %
Liquidity
Quick ratio1.61.61.71.71.6
Current ratio1.71.71.81.81.6
Cash and cash equivalents24 283.0931 153.0325 252.8130 489.6433 235.31
Capital use efficiency
Trade debtors turnover (days)35.139.723.26.31.8
Net working capital %6.1 %24.9 %32.3 %37.8 %-18.2 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:4.59%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board
Chief executive officer

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