Ejendomsselskabet Vellingvej ApS — Credit Rating and Financial Key Figures

CVR number: 38133764
Vellingvej 41, 6950 Ringkøbing

Company information

Official name
Ejendomsselskabet Vellingvej ApS
Established
2016
Company form
Private limited company
Industry

About Ejendomsselskabet Vellingvej ApS

Ejendomsselskabet Vellingvej ApS (CVR number: 38133764) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 2003.1 kDKK in 2023. The operating profit was 1394.9 kDKK, while net earnings were 392.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 20.7 %, 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. Ejendomsselskabet Vellingvej ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 158.141 537.362 117.782 017.832 003.09
EBIT847.381 073.691 638.471 410.101 394.91
Net earnings409.58500.84932.661 292.36392.78
Shareholders equity total2 685.663 186.504 119.165 411.525 804.30
Balance sheet total (assets)23 421.6724 984.5426 338.4527 534.5228 065.83
Net debt19 248.8920 568.1920 947.3020 756.6119 935.04
Profitability
EBIT-%
ROA4.3 %4.5 %6.4 %7.5 %5.0 %
ROE16.5 %17.1 %25.5 %27.1 %7.0 %
ROI4.4 %4.6 %6.6 %7.8 %5.2 %
Economic value added (EVA)11.46- 132.99320.34393.99440.73
Solvency
Equity ratio11.5 %12.8 %15.6 %19.7 %20.7 %
Gearing736.2 %645.5 %509.5 %384.5 %365.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.00.1
Current ratio0.10.00.00.00.1
Cash and cash equivalents522.2639.9751.471 300.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:5.02%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.7%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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