VENDIA SOLAR SYSTEMS A/S — Credit Rating and Financial Key Figures

CVR number: 33356072
P Nørkjærs Plads 5, 9800 Hjørring
gk@wenbo.dk
tel: 96236009

Company information

Official name
VENDIA SOLAR SYSTEMS A/S
Established
2010
Company form
Limited company
Industry

About VENDIA SOLAR SYSTEMS A/S

VENDIA SOLAR SYSTEMS A/S (CVR number: 33356072) is a company from HJØRRING. The company recorded a gross profit of -6.1 kDKK in 2023. The operating profit was -6.1 kDKK, while net earnings were 16.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VENDIA SOLAR SYSTEMS A/S's liquidity measured by quick ratio was 58 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.00-5.60-6.24-6.64-6.10
EBIT-6.00-5.60-6.24-6.64-6.10
Net earnings3.003.29-1.0315.2216.72
Shareholders equity total519.00522.37521.34536.56553.28
Balance sheet total (assets)528.00529.17527.05546.35567.78
Net debt-27.00-20.81-14.38-6.69-2.11
Profitability
EBIT-%
ROA0.8 %0.8 %-0.2 %3.6 %3.8 %
ROE0.6 %0.6 %-0.2 %2.9 %3.1 %
ROI0.8 %0.8 %-0.2 %3.7 %3.9 %
Economic value added (EVA)-30.32-30.32-31.44-30.66-31.39
Solvency
Equity ratio98.3 %98.7 %98.9 %98.2 %97.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio66.089.792.399.358.0
Current ratio66.089.792.399.358.0
Cash and cash equivalents27.0020.8114.386.692.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:3.85%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.4%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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