VETEC A/S — Credit Rating and Financial Key Figures

VETEC A/S (CVR number: 27414621) is a company from ODENSE. The company recorded a gross profit of 4394.6 kDKK in 2023. The operating profit was 996.8 kDKK, while net earnings were 768.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.1 %, which can be considered excellent and Return on Equity (ROE) was 34.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VETEC A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.