VEGA FOODS ApS — Credit Rating and Financial Key Figures

CVR number: 35640274
Boesensvej 25, Stubbum 6070 Christiansfeld
franzen@mail.dk
tel: 22542568

Credit rating

Company information

Official name
VEGA FOODS ApS
Personnel
1 person
Established
2014
Domicile
Stubbum
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VEGA FOODS ApS

VEGA FOODS ApS (CVR number: 35640274) is a company from KOLDING. The company recorded a gross profit of 213 kDKK in 2023. The operating profit was 188 kDKK, while net earnings were 143.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.1 %, which can be considered excellent and Return on Equity (ROE) was 44.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VEGA FOODS ApS's liquidity measured by quick ratio was 2.8 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
20192020202120222023
Volume
Net sales
Gross profit110.6386.67123.01133.70212.98
EBIT65.1741.73100.90118.70187.98
Net earnings49.0931.2674.3986.78143.74
Shareholders equity total286.32317.58161.97248.75392.49
Balance sheet total (assets)454.22468.81386.07488.17605.77
Net debt94.0249.54- 120.14- 212.44- 408.76
Profitability
EBIT-%
ROA15.6 %9.1 %23.6 %27.2 %35.1 %
ROE18.8 %10.4 %31.0 %42.3 %44.8 %
ROI17.6 %9.9 %26.9 %32.7 %42.1 %
Economic value added (EVA)57.1220.0265.4097.69152.75
Solvency
Equity ratio63.0 %67.7 %42.0 %51.0 %64.8 %
Gearing46.1 %35.9 %96.2 %63.8 %28.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.73.11.72.02.8
Current ratio2.73.11.72.02.8
Cash and cash equivalents38.0464.56275.95371.05519.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:35.1%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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