VELTEC INDUSTRIAL SERVICES A/S

VELTEC INDUSTRIAL SERVICES A/S (CVR number: 89966310) is a company from RINGSTED. The company reported a net sales of 493 mDKK in 2023, demonstrating a decline of -2.5 % compared to the previous year. The operating profit percentage was at 6.3 % (EBIT: 31.2 mDKK), while net earnings were 24 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.7 %, which can be considered excellent and Return on Equity (ROE) was 34.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.8 %, 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. VELTEC INDUSTRIAL SERVICES A/S'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.