VANDEX A/S — Credit Rating and Financial Key Figures

CVR number: 11556388
Vilhelm Becks Vej 42, 8260 Viby J
jt@vandex.dk
tel: 87477477

Credit rating

Company information

Official name
VANDEX A/S
Personnel
1 person
Established
1987
Company form
Limited company
Industry

About VANDEX A/S

VANDEX A/S (CVR number: 11556388) is a company from AARHUS. The company recorded a gross profit of 3046 kDKK in 2024. The operating profit was 556.9 kDKK, while net earnings were 428.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.9 %, which can be considered excellent and Return on Equity (ROE) was 39.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.6 %, 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. VANDEX A/S'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 350.642 052.412 031.572 424.333 045.96
EBIT675.65540.59881.80957.01556.89
Net earnings519.81416.65685.95745.75428.16
Shareholders equity total1 019.91916.661 186.011 245.76933.92
Balance sheet total (assets)2 846.572 195.432 034.822 034.852 868.41
Net debt- 365.84- 133.89- 384.68- 339.24558.29
Profitability
EBIT-%
ROA24.4 %21.5 %41.7 %47.2 %22.9 %
ROE44.4 %43.0 %65.2 %61.3 %39.3 %
ROI51.3 %41.1 %69.7 %79.0 %38.1 %
Economic value added (EVA)458.81357.16619.91686.84371.74
Solvency
Equity ratio35.8 %41.8 %58.3 %61.2 %32.6 %
Gearing25.9 %47.0 %79.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.42.02.21.0
Current ratio1.61.72.42.61.2
Cash and cash equivalents629.52565.14384.68339.24181.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:22.9%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.6%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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