Vettelaw ApS — Credit Rating and Financial Key Figures

Vettelaw ApS (CVR number: 36996544) is a company from ODENSE. The company recorded a gross profit of -669.5 kDKK in 2023. The operating profit was -893.7 kDKK, while net earnings were -623.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27 %, which can be considered poor and Return on Equity (ROE) was -48.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. Vettelaw ApS's liquidity measured by quick ratio was 2.3 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.