VEARK ApS — Credit Rating and Financial Key Figures

CVR number: 38747282
Strandvejen 709 D, 2930 Klampenborg
www.veark.com

Credit rating

Company information

Official name
VEARK ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VEARK ApS

VEARK ApS (CVR number: 38747282) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 284 kDKK in 2023. The operating profit was -122.6 kDKK, while net earnings were -124 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.9 %. 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 1.2 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.

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 profit11.21-17.50- 143.2161.42284.04
EBIT11.21-92.84- 604.85- 401.35- 122.60
Net earnings3.53-93.78- 615.49- 402.79- 124.01
Shareholders equity total87.91-5.87- 271.36- 674.15- 798.17
Balance sheet total (assets)202.93664.841 109.051 181.991 203.01
Net debt-8.67- 370.87- 168.4410.69- 166.38
Profitability
EBIT-%
ROA8.5 %-21.3 %-59.0 %-24.8 %-6.4 %
ROE5.4 %-24.9 %-69.4 %-35.2 %-10.4 %
ROI9.8 %-98.2 %-114.2 %-28.9 %-7.2 %
Economic value added (EVA)12.01-91.74- 585.91- 379.25-87.82
Solvency
Equity ratio43.3 %-0.9 %-19.7 %-36.3 %-39.9 %
Gearing115.1 %-4.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.61.01.91.2
Current ratio1.81.03.57.03.8
Cash and cash equivalents109.85370.87168.4418.12166.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-6.36%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-39.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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