VER DE TERRE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VER DE TERRE ApS
VER DE TERRE ApS (CVR number: 26990327) is a company from GENTOFTE. The company recorded a gross profit of 723.2 kDKK in 2024. The operating profit was -660.7 kDKK, while net earnings were -726.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -13.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. VER DE TERRE ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 570.61 | 3 070.12 | 3 445.01 | 410.75 | 723.25 |
| EBIT | 972.59 | 1 508.99 | 1 718.19 | -1 168.64 | - 660.70 |
| Net earnings | 850.40 | 1 327.68 | 1 151.39 | -1 271.34 | - 726.11 |
| Shareholders equity total | 4 431.99 | 5 759.67 | 6 911.06 | 5 639.72 | 4 913.61 |
| Balance sheet total (assets) | 8 121.40 | 9 995.42 | 10 566.02 | 8 575.51 | 7 646.92 |
| Net debt | - 575.41 | 1 963.14 | 1 339.34 | 1 514.52 | 1 386.16 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.7 % | 22.4 % | 17.3 % | -12.0 % | -7.9 % |
| ROE | 18.9 % | 26.1 % | 18.2 % | -20.3 % | -13.8 % |
| ROI | 19.0 % | 25.2 % | 19.8 % | -13.3 % | -8.5 % |
| Economic value added (EVA) | 468.12 | 798.16 | 896.18 | -1 634.78 | -1 053.81 |
| Solvency | |||||
| Equity ratio | 55.1 % | 58.0 % | 65.5 % | 65.8 % | 64.8 % |
| Gearing | 66.0 % | 49.4 % | 34.0 % | 38.7 % | 45.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 0.3 | 0.4 | 0.4 | 0.5 |
| Current ratio | 2.6 | 2.9 | 3.7 | 3.3 | 3.1 |
| Cash and cash equivalents | 3 498.36 | 881.58 | 1 011.64 | 668.86 | 859.75 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
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