VEJRUP ANDELS GROVVAREFORENING A.M.B.A. — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEJRUP ANDELS GROVVAREFORENING A.M.B.A.
VEJRUP ANDELS GROVVAREFORENING A.M.B.A. (CVR number: 45231712) is a company from VARDE. The company reported a net sales of 439.5 mDKK in 2024, demonstrating a growth of 1.3 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 3 mDKK), while net earnings were 688.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.3 %, 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. VEJRUP ANDELS GROVVAREFORENING A.M.B.A.'s liquidity measured by quick ratio was 1.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 290.13 | 367.73 | 444.16 | 433.64 | 439.47 | 
| Gross profit | 17.75 | 22.16 | 20.96 | 28.33 | 22.44 | 
| EBIT | 2.96 | 5.71 | 4.08 | 9.32 | 2.98 | 
| Net earnings | 1.86 | 4.01 | 2.10 | 5.91 | 0.69 | 
| Shareholders equity total | 18.18 | 24.92 | 23.76 | 29.99 | 29.43 | 
| Balance sheet total (assets) | 80.76 | 114.60 | 116.48 | 109.65 | 124.23 | 
| Net debt | 22.52 | 37.97 | |||
| Profitability | |||||
| EBIT-% | 1.0 % | 1.6 % | 0.9 % | 2.1 % | 0.7 % | 
| ROA | 3.9 % | 5.8 % | 3.5 % | 8.9 % | 3.2 % | 
| ROE | 10.8 % | 18.6 % | 8.6 % | 22.0 % | 2.3 % | 
| ROI | 3.9 % | 5.8 % | 3.5 % | 11.7 % | 6.0 % | 
| Economic value added (EVA) | 2.14 | 4.80 | 2.83 | 6.21 | -0.60 | 
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 38.5 % | 32.3 % | 
| Gearing | 75.2 % | 129.1 % | |||
| Relative net indebtedness % | 17.6 % | 20.9 % | |||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.1 | |||
| Current ratio | 1.1 | 1.0 | |||
| Cash and cash equivalents | 0.02 | 0.03 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 22.8 | 32.9 | |||
| Net working capital % | 1.0 % | 0.3 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | BBB | 
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