Veritas (Denmark) ApS — Credit Rating and Financial Key Figures

CVR number: 36489448
Lyngbyvej 20, 2100 København Ø
Marleen.Dewit@veritas.com

Credit rating

Company information

Official name
Veritas (Denmark) ApS
Personnel
8 persons
Established
2015
Company form
Private limited company
Industry

About Veritas (Denmark) ApS

Veritas (Denmark) ApS (CVR number: 36489448) is a company from KØBENHAVN. The company recorded a gross profit of 20.1 mDKK in 2023. The operating profit was 1303.9 kDKK, while net earnings were 1297.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Veritas (Denmark) ApS's liquidity measured by quick ratio was 2.4 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.

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 profit16 752.6216 910.4321 285.9817 254.2520 091.32
EBIT-1 353.70-1 659.85-1 699.37- 221.851 303.85
Net earnings-1 361.11-1 665.58-1 690.52- 228.821 297.16
Shareholders equity total12 142.2110 476.638 786.118 557.289 854.45
Balance sheet total (assets)15 793.5216 146.9516 853.3612 840.3617 097.61
Net debt-4 658.84-8 845.98-4 471.55-8 548.32- 781.91
Profitability
EBIT-%
ROA-8.2 %-10.4 %-10.3 %-1.5 %8.7 %
ROE-10.6 %-14.7 %-17.6 %-2.6 %14.1 %
ROI-10.6 %-14.7 %-17.6 %-2.6 %14.2 %
Economic value added (EVA)- 969.65-1 178.96- 923.41418.212 159.86
Solvency
Equity ratio76.9 %64.9 %52.1 %66.6 %57.6 %
Gearing0.1 %0.3 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.11.93.02.4
Current ratio2.42.11.93.02.4
Cash and cash equivalents4 668.118 874.654 479.718 548.32781.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:8.71%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.6%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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