VENDELBO STATSAUTORISERET REVISIONSANPARTSSELSKAB — Credit Rating and Financial Key Figures

CVR number: 10110807
Industrivej 24, Bramming 6740 Bramming
esbern@vendelbo-revision.dk
tel: 76560359

Credit rating

Company information

Official name
VENDELBO STATSAUTORISERET REVISIONSANPARTSSELSKAB
Personnel
2 persons
Established
1986
Domicile
Bramming
Company form
Private limited company
Industry

About VENDELBO STATSAUTORISERET REVISIONSANPARTSSELSKAB

VENDELBO STATSAUTORISERET REVISIONSANPARTSSELSKAB (CVR number: 10110807) is a company from ESBJERG. The company recorded a gross profit of 852.6 kDKK in 2023. The operating profit was 193.1 kDKK, while net earnings were 141.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 51.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.9 %, 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. VENDELBO STATSAUTORISERET REVISIONSANPARTSSELSKAB's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit954.84842.311 152.01818.34852.64
EBIT275.76177.32428.78206.41193.10
Net earnings218.94140.44412.52149.02141.10
Shareholders equity total1 106.481 191.62504.14278.16269.26
Balance sheet total (assets)1 773.012 012.281 441.441 771.491 943.47
Net debt- 970.32- 612.5192.18- 516.88- 200.10
Profitability
EBIT-%
ROA17.8 %10.9 %30.2 %12.8 %10.4 %
ROE21.4 %12.2 %48.7 %38.1 %51.6 %
ROI28.2 %17.9 %47.8 %19.3 %15.8 %
Economic value added (EVA)196.36117.55314.92151.24204.26
Solvency
Equity ratio62.4 %59.2 %35.0 %15.7 %13.9 %
Gearing91.6 %308.2 %379.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.41.61.21.2
Current ratio2.01.41.61.21.2
Cash and cash equivalents970.32612.51369.741 374.241 221.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.9%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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