VADET ApS — Credit Rating and Financial Key Figures

CVR number: 33259050
Kirkevej 26, 8260 Viby J
samostergaard@gmail.com
tel: 23355756

Credit rating

Company information

Official name
VADET ApS
Established
2010
Company form
Private limited company
Industry
  • Expand more icon410000

About VADET ApS

VADET ApS (CVR number: 33259050) is a company from AARHUS. The company recorded a gross profit of 54.2 kDKK in 2024. The operating profit was -6.3 kDKK, while net earnings were -69.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -44 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.4 %, 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. VADET ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit79.2698.5998.3297.7854.22
EBIT57.7076.4771.2270.13-6.32
Net earnings5.0016.247.3110.79-69.75
Shareholders equity total159.18175.42182.72193.52123.77
Balance sheet total (assets)1 812.701 842.961 892.031 906.532 820.92
Net debt1 569.331 559.721 622.371 632.502 571.41
Profitability
EBIT-%
ROA3.2 %4.2 %3.8 %3.7 %-0.2 %
ROE3.2 %9.7 %4.1 %5.7 %-44.0 %
ROI3.4 %4.4 %4.0 %3.9 %-0.2 %
Economic value added (EVA)-19.88-7.55-10.63-11.14-68.97
Solvency
Equity ratio8.8 %9.5 %9.7 %10.2 %4.4 %
Gearing985.9 %900.4 %887.9 %843.8 %2082.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.00.10.4
Current ratio0.00.10.00.10.4
Cash and cash equivalents19.780.130.415.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.19%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.39%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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