Ejendomsselskabet Vellingvej ApS — Credit Rating and Financial Key Figures

CVR number: 38133764
Vellingvej 41, 6950 Ringkøbing

Credit rating

Company information

Official name
Ejendomsselskabet Vellingvej ApS
Personnel
1 person
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 2121.9 kDKK in 2024. The operating profit was 1347.2 kDKK, while net earnings were 133.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 19.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ejendomsselskabet Vellingvej ApS's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 537.362 117.782 017.832 003.092 121.88
EBIT1 073.691 638.471 410.101 394.911 347.22
Net earnings500.84932.661 292.36392.78133.18
Shareholders equity total3 186.504 119.165 411.525 804.305 937.49
Balance sheet total (assets)24 984.5426 338.4527 534.5228 065.8330 365.48
Net debt20 568.1920 947.3020 756.6119 935.0423 198.48
Profitability
EBIT-%
ROA4.5 %6.4 %7.5 %5.0 %4.6 %
ROE17.1 %25.5 %27.1 %7.0 %2.3 %
ROI4.6 %6.6 %7.8 %5.2 %4.7 %
Economic value added (EVA)- 381.56-1.73- 227.42- 394.26- 414.64
Solvency
Equity ratio12.8 %15.6 %19.7 %20.7 %19.6 %
Gearing645.5 %509.5 %384.5 %365.9 %393.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.0
Current ratio0.00.00.00.10.0
Cash and cash equivalents39.9751.471 300.22178.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:4.61%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.6%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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