Venning Maskinfabrik ApS — Credit Rating and Financial Key Figures

CVR number: 38495372
Erhvervsparken 3, 9500 Hobro
kent@venningmaskinfabrik.dk
tel: 73702510

Credit rating

Company information

Official name
Venning Maskinfabrik ApS
Personnel
25 persons
Established
2017
Company form
Private limited company
Industry

About Venning Maskinfabrik ApS

Venning Maskinfabrik ApS (CVR number: 38495372) is a company from MARIAGERFJORD. The company recorded a gross profit of 15.5 mDKK in 2023. The operating profit was 1104.5 kDKK, while net earnings were 713.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.4 %, 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. Venning Maskinfabrik ApS's liquidity measured by quick ratio was 1.6 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 profit11 091.7111 646.3912 946.8712 813.7615 480.36
EBIT1 640.211 871.092 085.12196.991 104.46
Net earnings1 151.811 350.151 540.2556.65713.81
Shareholders equity total4 308.425 158.576 198.825 755.476 469.28
Balance sheet total (assets)12 522.6811 946.8413 029.9220 032.0813 657.66
Net debt-5 027.82-5 497.90-5 076.38-2 439.45-3 699.86
Profitability
EBIT-%
ROA15.0 %15.3 %16.7 %1.4 %6.6 %
ROE28.9 %28.5 %27.1 %0.9 %11.7 %
ROI29.0 %28.8 %27.2 %2.7 %12.9 %
Economic value added (EVA)1 147.401 559.541 724.66200.77809.64
Solvency
Equity ratio38.5 %50.0 %57.5 %28.7 %47.4 %
Gearing35.8 %32.6 %34.8 %42.1 %36.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.12.61.31.6
Current ratio1.51.71.81.31.8
Cash and cash equivalents6 571.587 177.427 234.784 859.696 070.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBBAAA

Variable visualization

ROA:6.63%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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