VELLING ANDELSBUTIK — Credit Rating and Financial Key Figures

CVR number: 37553514
Rydbjergvej 2, Velling 6950 Ringkøbing
tel: 97321521

Company information

Official name
VELLING ANDELSBUTIK
Personnel
5 persons
Established
1908
Domicile
Velling
Industry

About VELLING ANDELSBUTIK

VELLING ANDELSBUTIK (CVR number: 37553514) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1338.7 kDKK in 2024. The operating profit was 300.4 kDKK, while net earnings were 195.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 25.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.9 %, 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. VELLING ANDELSBUTIK's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit892.901 044.85935.611 149.761 338.72
EBIT219.23159.56-56.71-69.19300.41
Net earnings187.70123.25-62.49-95.44195.65
Shareholders equity total392.61815.86753.37657.92853.58
Balance sheet total (assets)1 665.401 887.613 302.783 747.243 838.10
Net debt513.61173.08- 127.77540.73343.01
Profitability
EBIT-%
ROA13.2 %9.0 %-2.2 %-2.0 %8.0 %
ROE47.8 %20.4 %-8.0 %-13.5 %25.9 %
ROI24.0 %14.9 %-4.7 %-5.9 %23.4 %
Economic value added (EVA)219.2398.67-93.93-85.41181.30
Solvency
Equity ratio26.4 %47.1 %24.6 %19.7 %24.9 %
Gearing132.5 %49.0 %53.1 %82.6 %61.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.70.60.10.5
Current ratio0.81.40.80.60.9
Cash and cash equivalents6.67226.92527.773.00177.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:8.02%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.9%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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