VEJEN FORSYNING A/S — Credit Rating and Financial Key Figures

VEJEN FORSYNING A/S (CVR number: 32645992K) is a company from VEJEN. The company reported a net sales of 84.8 mDKK in 2023, demonstrating a growth of 2.4 % compared to the previous year. The operating profit percentage was poor at -44.7 % (EBIT: -37.9 mDKK), while net earnings were -28.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VEJEN FORSYNING A/S's liquidity measured by quick ratio was 2 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.