VELTID ApS — Credit Rating and Financial Key Figures

CVR number: 36201940
Hedebakken 58, 8800 Viborg

Company information

Official name
VELTID ApS
Established
2014
Company form
Private limited company
Industry

About VELTID ApS

VELTID ApS (CVR number: 36201940) is a company from VIBORG. The company recorded a gross profit of 69.9 kDKK in 2023. The operating profit was 69.9 kDKK, while net earnings were 612.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VELTID ApS's liquidity measured by quick ratio was 38.9 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 profit121.12-20.89-90.78-14.5269.91
EBIT121.12-20.89-90.78-14.5269.91
Net earnings98.64272.61322.19152.41612.88
Shareholders equity total1 368.532 333.882 543.072 581.083 076.16
Balance sheet total (assets)1 423.373 209.042 663.282 636.283 103.07
Net debt- 472.86633.48-26.9042.41- 310.34
Profitability
EBIT-%
ROA9.3 %12.5 %11.1 %8.4 %22.3 %
ROE7.2 %14.7 %13.2 %5.9 %21.7 %
ROI10.2 %12.7 %11.2 %8.5 %22.5 %
Economic value added (EVA)57.02-33.87-95.74-55.034.19
Solvency
Equity ratio96.1 %72.7 %95.5 %97.9 %99.1 %
Gearing35.9 %3.3 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio15.41.48.216.638.9
Current ratio15.41.48.216.638.9
Cash and cash equivalents472.86204.41110.047.34310.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:22.3%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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