Velos IoT Denmark ApS — Credit Rating and Financial Key Figures

Velos IoT Denmark ApS (CVR number: 33362099) is a company from KØBENHAVN. The company recorded a gross profit of 31.8 mDKK in 2023. The operating profit was 10.6 mDKK, while net earnings were 8064.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 31.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Velos IoT Denmark ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.