VEJEN FORSYNING A/S
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 26.3 mDKK in 2023, demonstrating a growth of 17.2 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 1.1 mDKK), while net earnings were -28.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, 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 99.2 %, 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 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 22 430.00 | 26 299.00 | |
Gross profit | 1 709.00 | 5 799.00 | |
EBIT | -2 749.00 | 1 120.00 | |
Net earnings | -11 533.00 | -28 260.00 | |
Shareholders equity total | 1 516 316.00 | 1 488 056.00 | |
Balance sheet total (assets) | 1 577 027.00 | 1 500 478.00 | |
Net debt | 5 229.00 | 7 802.00 | |
Profitability | |||
EBIT-% | -12.3 % | 4.3 % | |
ROA | -0.3 % | -1.6 % | |
ROE | -0.8 % | -1.9 % | |
ROI | -0.3 % | -1.6 % | |
Economic value added (EVA) | 57 675.09 | -2 145.31 | 55 718.45 |
Solvency | |||
Equity ratio | 96.2 % | 99.2 % | |
Gearing | 3.7 % | 0.5 % | |
Relative net indebtedness % | 41.3 % | 47.2 % | |
Liquidity | |||
Quick ratio | 1.3 | 1.5 | |
Current ratio | 1.3 | 1.5 | |
Cash and cash equivalents | 51 447.00 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | 10.3 | 4.3 | |
Net working capital % | -154.3 % | 9.3 % | |
Credit risk | |||
Credit rating | BBB | BBB |
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