VEJE ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 26920566
Vintapperbuen 4, 4070 Kirke Hyllinge
tel: 46404414

Company information

Official name
VEJE ENGINEERING ApS
Personnel
9 persons
Established
2002
Company form
Private limited company
Industry

About VEJE ENGINEERING ApS

VEJE ENGINEERING ApS (CVR number: 26920566) is a company from LEJRE. The company recorded a gross profit of 5527.9 kDKK in 2023. The operating profit was 1581.9 kDKK, while net earnings were 1407.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77 %, 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. VEJE ENGINEERING ApS's liquidity measured by quick ratio was 5.7 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 profit4 126.425 209.806 268.525 564.585 527.95
EBIT252.511 464.422 188.721 520.381 581.86
Net earnings144.531 112.631 674.501 244.751 407.33
Shareholders equity total3 680.734 793.366 467.867 712.619 119.95
Balance sheet total (assets)5 073.199 024.889 345.779 765.8911 842.78
Net debt- 221.32-1.22-1 409.87- 620.79-1 567.72
Profitability
EBIT-%
ROA4.8 %21.2 %24.2 %17.4 %17.2 %
ROE4.0 %26.3 %29.7 %17.6 %16.7 %
ROI7.1 %32.4 %36.2 %21.7 %20.0 %
Economic value added (EVA)48.15967.031 475.20933.00883.57
Solvency
Equity ratio72.6 %53.1 %69.2 %79.0 %77.0 %
Gearing0.0 %3.7 %0.9 %1.8 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.32.13.36.15.7
Current ratio3.32.13.36.15.8
Cash and cash equivalents221.69178.611 465.32756.241 704.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:17.2%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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