Veigaard Møbler ApS — Credit Rating and Financial Key Figures

CVR number: 37262463
Sønderkærvej 1, 6990 Ulfborg
post@veigaard.dk
tel: 97491975
www.veigaard.dk

Company information

Official name
Veigaard Møbler ApS
Personnel
9 persons
Established
2015
Company form
Private limited company
Industry

About Veigaard Møbler ApS

Veigaard Møbler ApS (CVR number: 37262463) is a company from HOLSTEBRO. The company recorded a gross profit of 4526.7 kDKK in 2024. The operating profit was 1048.4 kDKK, while net earnings were 865.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent and Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.7 %, 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. Veigaard Møbler ApS's liquidity measured by quick ratio was 1.6 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 profit3 820.673 928.913 937.314 083.564 526.71
EBIT1 460.871 355.711 071.421 044.221 048.40
Net earnings1 323.101 168.56890.48836.65865.83
Shareholders equity total3 380.114 492.174 082.654 919.304 985.13
Balance sheet total (assets)5 157.225 716.525 233.266 321.846 332.60
Net debt- 788.44- 538.83- 825.18-1 059.96- 829.55
Profitability
EBIT-%
ROA39.1 %27.8 %21.0 %18.6 %17.6 %
ROE48.2 %29.7 %20.8 %18.6 %17.5 %
ROI54.6 %36.1 %26.1 %23.6 %22.2 %
Economic value added (EVA)1 007.40872.57598.58608.15566.68
Solvency
Equity ratio65.5 %78.6 %78.0 %77.8 %78.7 %
Gearing7.8 %4.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.01.61.41.6
Current ratio2.64.44.13.63.9
Cash and cash equivalents1 051.62727.36825.181 059.96829.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:17.6%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.7%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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