VESLØS BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 60460213
Aalborgvej 187, 7742 Vesløs

Credit rating

Company information

Official name
VESLØS BRUGSFORENING
Personnel
18 persons
Established
1918
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About VESLØS BRUGSFORENING

VESLØS BRUGSFORENING (CVR number: 60460213) is a company from THISTED. The company reported a net sales of 26.4 mDKK in 2023, demonstrating a decline of -4.1 % compared to the previous year. The operating profit percentage was poor at -3.9 % (EBIT: -1 mDKK), while net earnings were -614.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.3 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VESLØS BRUGSFORENING's liquidity measured by quick ratio was 0.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales22 052.0021 458.0024 133.0027 512.9326 386.10
Gross profit2 496.002 631.002 604.002 174.211 759.62
EBIT- 212.00-41.00-92.00- 637.18-1 039.57
Net earnings- 155.00111.0074.00- 304.65- 614.86
Shareholders equity total5 514.005 626.005 703.005 402.154 788.89
Balance sheet total (assets)8 640.009 388.008 699.008 533.417 740.01
Net debt609.20759.59
Profitability
EBIT-%-1.0 %-0.2 %-0.4 %-2.3 %-3.9 %
ROA-2.4 %-0.5 %-1.0 %-4.2 %-9.3 %
ROE-2.8 %2.0 %1.3 %-5.5 %-12.1 %
ROI-2.5 %-0.5 %-1.0 %-4.8 %-12.4 %
Economic value added (EVA)- 516.11- 318.08- 374.71- 783.40-1 103.78
Solvency
Equity ratio100.0 %100.0 %100.0 %63.3 %61.9 %
Gearing19.0 %19.1 %
Relative net indebtedness %9.4 %10.6 %
Liquidity
Quick ratio0.60.4
Current ratio1.31.0
Cash and cash equivalents416.86155.51
Capital use efficiency
Trade debtors turnover (days)1.71.9
Net working capital %2.4 %0.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-9.32%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Build time: 2025-02-10T13:59:20.081Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.