VEOVO Holdings Denmark ApS — Credit Rating and Financial Key Figures

VEOVO Holdings Denmark ApS (CVR number: 38522590) is a company from AALBORG. The company recorded a gross profit of -9 kDKK in 2023. The operating profit was -9 kDKK, while net earnings were 275 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.9 %, 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. VEOVO Holdings Denmark ApS's liquidity measured by quick ratio was 1.3 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.