VEGGERSLEV LANDBRUGS- & MASKINSERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 34601283
Veggerslevvej 75, 8500 Grenaa
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Credit rating

Company information

Official name
VEGGERSLEV LANDBRUGS- & MASKINSERVICE ApS
Personnel
3 persons
Established
2012
Company form
Private limited company
Industry

About VEGGERSLEV LANDBRUGS- & MASKINSERVICE ApS

VEGGERSLEV LANDBRUGS- & MASKINSERVICE ApS (CVR number: 34601283) is a company from NORDDJURS. The company recorded a gross profit of 1993.5 kDKK in 2024. The operating profit was 414.6 kDKK, while net earnings were 39.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 12.5 %, 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. VEGGERSLEV LANDBRUGS- & MASKINSERVICE ApS's liquidity measured by quick ratio was 0.2 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 profit2 348.592 425.631 777.261 589.111 993.51
EBIT373.22558.53356.83493.49414.59
Net earnings125.18312.22141.50163.4339.87
Shareholders equity total300.90613.12754.62918.05957.92
Balance sheet total (assets)5 692.525 383.485 406.906 381.127 645.65
Net debt2 968.313 031.263 202.424 608.684 861.70
Profitability
EBIT-%
ROA6.5 %10.1 %6.8 %8.5 %6.0 %
ROE52.5 %68.3 %20.7 %19.5 %4.3 %
ROI8.2 %12.1 %7.6 %9.6 %7.4 %
Economic value added (EVA)133.30281.94205.32247.07135.96
Solvency
Equity ratio5.3 %11.4 %14.0 %14.4 %12.5 %
Gearing990.3 %496.3 %425.9 %504.0 %507.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.20.2
Current ratio1.31.31.31.00.9
Cash and cash equivalents11.5111.5111.5118.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.96%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.5%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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