VEquine ApS — Credit Rating and Financial Key Figures

CVR number: 37881945
Ågerupvej 10, St Valby 4000 Roskilde

Credit rating

Company information

Official name
VEquine ApS
Personnel
4 persons
Established
2016
Domicile
St Valby
Company form
Private limited company
Industry
  • Expand more icon75Veterinary activities

About VEquine ApS

VEquine ApS (CVR number: 37881945) is a company from ROSKILDE. The company recorded a gross profit of 1811.9 kDKK in 2023. The operating profit was 315.7 kDKK, while net earnings were 193.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 22.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VEquine ApS's liquidity measured by quick ratio was 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit719.741 128.611 431.55997.001 811.89
EBIT238.41385.08618.33165.62315.75
Net earnings72.82231.21396.0077.54193.67
Shareholders equity total468.11588.72984.72762.26955.93
Balance sheet total (assets)2 788.033 051.572 760.182 573.522 192.15
Net debt1 640.551 581.221 215.911 184.53447.94
Profitability
EBIT-%
ROA9.0 %13.3 %21.3 %6.2 %13.3 %
ROE16.9 %43.8 %50.3 %8.9 %22.5 %
ROI11.5 %16.8 %25.9 %7.2 %16.5 %
Economic value added (EVA)86.03223.41405.3145.17197.61
Solvency
Equity ratio16.8 %19.3 %35.7 %29.6 %43.6 %
Gearing356.1 %272.8 %126.0 %158.2 %51.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.70.30.4
Current ratio0.60.51.00.50.7
Cash and cash equivalents26.1925.0325.0321.6742.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:13.3%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.6%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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