Velos IoT Europe A/S — Credit Rating and Financial Key Figures

CVR number: 32880053
Kay Fiskers Plads 9, 2300 København S

Credit rating

Company information

Official name
Velos IoT Europe A/S
Personnel
1 person
Established
2010
Company form
Limited company
Industry

About Velos IoT Europe A/S

Velos IoT Europe A/S (CVR number: 32880053) is a company from KØBENHAVN. The company recorded a gross profit of -495.5 kDKK in 2024. The operating profit was -786.6 kDKK, while net earnings were -608.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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. Velos IoT Europe A/S's liquidity measured by quick ratio was 2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 101.803 558.693 843.86909.41- 495.47
EBIT1 120.891 764.592 254.05583.39- 786.56
Net earnings849.411 317.401 601.13368.14- 608.62
Shareholders equity total2 650.363 967.765 568.835 936.975 328.36
Balance sheet total (assets)4 861.966 241.128 351.218 195.5110 406.92
Net debt-1 007.89- 477.26-1 284.43-3 129.491 593.43
Profitability
EBIT-%
ROA24.8 %31.8 %30.9 %7.2 %-8.0 %
ROE38.2 %39.8 %33.6 %6.4 %-10.8 %
ROI41.8 %45.5 %39.9 %8.9 %-9.6 %
Economic value added (EVA)753.821 216.301 524.75103.05- 947.69
Solvency
Equity ratio54.5 %63.6 %66.7 %72.4 %51.2 %
Gearing17.4 %11.9 %18.2 %11.4 %63.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.32.73.32.0
Current ratio2.82.32.73.32.0
Cash and cash equivalents1 470.05948.802 296.393 803.621 813.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:-7.95%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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