VEGINOVA SEEDS APS — Credit Rating and Financial Key Figures

VEGINOVA SEEDS APS (CVR number: 31865085) is a company from NYBORG. The company recorded a gross profit of 1844.5 kDKK in 2023. The operating profit was 671.1 kDKK, while net earnings were 14.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 115.4 %, which can be considered excellent and Return on Equity (ROE) was 165.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.7 %, 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. VEGINOVA SEEDS APS's liquidity measured by quick ratio was 0 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.