VE OG VEL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VE OG VEL ApS
VE OG VEL ApS (CVR number: 34471436) is a company from KØBENHAVN. The company recorded a gross profit of -33.4 kDKK in 2018. The operating profit was -33.4 kDKK, while net earnings were -29.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32 %, which can be considered poor and Return on Equity (ROE) was -65.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.9 %, 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. VE OG VEL ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -25.00 | 19.00 | -33.36 | 
| EBIT | -25.00 | 19.00 | -33.36 | 
| Net earnings | -24.00 | 12.00 | -29.64 | 
| Shareholders equity total | 48.00 | 60.00 | 30.73 | 
| Balance sheet total (assets) | 191.00 | 118.00 | 90.57 | 
| Net debt | - 170.00 | -87.00 | -75.01 | 
| Profitability | |||
| EBIT-% | |||
| ROA | -13.1 % | 12.9 % | -32.0 % | 
| ROE | -50.0 % | 22.2 % | -65.3 % | 
| ROI | -52.1 % | 37.0 % | -73.5 % | 
| Economic value added (EVA) | -20.00 | 20.38 | -25.39 | 
| Solvency | |||
| Equity ratio | 25.1 % | 50.8 % | 33.9 % | 
| Gearing | |||
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 1.3 | 2.0 | 1.5 | 
| Current ratio | 1.3 | 2.0 | 1.5 | 
| Cash and cash equivalents | 170.00 | 87.00 | 75.01 | 
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | B | BB | B | 
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