VEJEN FORSYNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEJEN FORSYNING A/S
VEJEN FORSYNING A/S (CVR number: 32645992) is a company from VEJEN. The company reported a net sales of 28 mDKK in 2024, demonstrating a growth of 6.4 % compared to the previous year. The operating profit percentage was at 11.8 % (EBIT: 3.3 mDKK), while net earnings were 2051 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, 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 0.7 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 financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | 26 299.00 | 27 987.00 | |
| Gross profit | 5 799.00 | 7 552.00 | |
| EBIT | 1 120.00 | 3 299.00 | |
| Net earnings | -28 260.00 | 2 051.00 | |
| Shareholders equity total | 1 488 056.00 | 1 490 107.00 | |
| Balance sheet total (assets) | 1 500 478.00 | 1 499 835.00 | |
| Net debt | 7 802.00 | 5 124.00 | |
| Profitability | |||
| EBIT-% | 4.3 % | 11.8 % | |
| ROA | -1.7 % | 0.2 % | |
| ROE | -1.9 % | 0.1 % | |
| ROI | -1.7 % | 0.2 % | |
| Economic value added (EVA) | 795.20 | -72 600.01 | |
| Solvency | |||
| Equity ratio | 99.2 % | 99.4 % | |
| Gearing | 0.5 % | 0.3 % | |
| Relative net indebtedness % | 47.2 % | 34.8 % | |
| Liquidity | |||
| Quick ratio | 0.6 | 0.7 | |
| Current ratio | 0.6 | 0.7 | |
| Cash and cash equivalents | |||
| Capital use efficiency | |||
| Trade debtors turnover (days) | 4.3 | 1.4 | |
| Net working capital % | -20.3 % | -9.6 % | |
| Credit risk | |||
| Credit rating | BB | A | AAA |
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