VTK A/S (VEJLE TEKNISK KEMISK FABRIK)

CVR number: 30898087
Industrivej 8, 7120 Vejle Øst

Credit rating

Company information

Official name
VTK A/S (VEJLE TEKNISK KEMISK FABRIK)
Personnel
30 persons
Established
2007
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VTK A/S (VEJLE TEKNISK KEMISK FABRIK)

VTK A/S (VEJLE TEKNISK KEMISK FABRIK) (CVR number: 30898087) is a company from VEJLE. The company recorded a gross profit of 14.4 mDKK in 2023. The operating profit was 2093.5 kDKK, while net earnings were 926.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 30.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.7 %, 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. VTK A/S (VEJLE TEKNISK KEMISK FABRIK)'s liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit9 122.1014 159.968 519.9111 616.6514 386.32
EBIT923.134 602.86471.961 539.412 093.48
Net earnings636.003 358.62263.49753.67926.40
Shareholders equity total3 310.766 669.381 798.492 552.163 478.55
Balance sheet total (assets)22 375.1129 377.1728 644.3734 976.5935 815.88
Net debt5 436.417 560.2610 128.8513 707.482 269.06
Profitability
EBIT-%
ROA6.2 %19.9 %3.1 %5.5 %6.6 %
ROE21.3 %67.3 %6.2 %34.6 %30.7 %
ROI14.4 %43.2 %6.6 %11.8 %19.8 %
Economic value added (EVA)585.673 421.77-0.021 183.911 521.12
Solvency
Equity ratio14.8 %22.7 %6.3 %7.3 %9.7 %
Gearing164.3 %113.4 %563.3 %537.1 %65.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.50.61.0
Current ratio0.40.60.80.81.4
Cash and cash equivalents2.310.552.050.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:6.57%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.71%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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