VELTEC INDUSTRIAL SERVICES A/S — Credit Rating and Financial Key Figures

VELTEC INDUSTRIAL SERVICES A/S (CVR number: 89966310) is a company from RINGSTED. The company reported a net sales of 435.2 mDKK in 2024, demonstrating a decline of -11.7 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 7.3 mDKK), while net earnings were 5530 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 28.6 %, 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 1.5 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.