VEFLINGE TØMRERFORRETNING ApS — Credit Rating and Financial Key Figures

CVR number: 35838120
Lindebjerg 34, 5474 Veflinge

Credit rating

Company information

Official name
VEFLINGE TØMRERFORRETNING ApS
Personnel
2 persons
Established
2014
Company form
Private limited company
Industry

About VEFLINGE TØMRERFORRETNING ApS

VEFLINGE TØMRERFORRETNING ApS (CVR number: 35838120) is a company from NORDFYNS. The company recorded a gross profit of 967.5 kDKK in 2023. The operating profit was 38.5 kDKK, while net earnings were 23.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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. VEFLINGE TØMRERFORRETNING 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit504.80891.95902.25974.68967.55
EBIT- 120.00151.91227.23108.5038.53
Net earnings- 122.30104.34161.5475.2023.16
Shareholders equity total-57.0147.33208.87284.07257.23
Balance sheet total (assets)466.58849.23582.93557.02725.72
Net debt174.73- 312.55-20.32- 126.35-76.12
Profitability
EBIT-%
ROA-21.9 %22.1 %31.7 %19.0 %6.0 %
ROE-46.0 %40.6 %126.1 %30.5 %8.6 %
ROI-39.0 %64.3 %78.4 %30.8 %11.3 %
Economic value added (EVA)-97.01118.14195.4879.9517.17
Solvency
Equity ratio-10.9 %5.6 %35.8 %51.0 %35.4 %
Gearing-420.7 %391.5 %60.2 %13.8 %18.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.91.12.01.6
Current ratio1.01.01.22.21.7
Cash and cash equivalents65.12497.85146.02165.43124.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.05%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.4%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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