VEARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEARK ApS
VEARK ApS (CVR number: 38747282) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 69.4 kDKK in 2022. The operating profit was -401.3 kDKK, while net earnings were -402.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.8 %, which can be considered poor and Return on Equity (ROE) was -35.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VEARK ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -15.02 | 11.21 | -17.50 | - 143.21 | 69.40 |
EBIT | -15.02 | 11.21 | -92.84 | - 604.85 | - 401.35 |
Net earnings | -15.63 | 3.53 | -93.78 | - 615.49 | - 402.79 |
Shareholders equity total | -15.62 | 87.91 | -5.87 | - 271.36 | - 674.15 |
Balance sheet total (assets) | 44.07 | 202.93 | 664.84 | 1 109.05 | 1 181.99 |
Net debt | 38.37 | -8.67 | - 370.87 | - 168.44 | 10.69 |
Profitability | |||||
EBIT-% | |||||
ROA | -25.2 % | 8.5 % | -21.3 % | -59.0 % | -24.8 % |
ROE | -35.5 % | 5.4 % | -24.9 % | -69.4 % | -35.2 % |
ROI | -38.8 % | 9.8 % | -98.2 % | -114.2 % | -28.9 % |
Economic value added (EVA) | -15.02 | 12.01 | -91.74 | - 585.91 | - 379.25 |
Solvency | |||||
Equity ratio | -26.2 % | 43.3 % | -0.9 % | -19.7 % | -36.3 % |
Gearing | -247.6 % | 115.1 % | -4.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.1 | 0.6 | 1.0 | 1.9 |
Current ratio | 0.7 | 1.8 | 1.0 | 3.5 | 7.0 |
Cash and cash equivalents | 0.31 | 109.85 | 370.87 | 168.44 | 18.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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