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Vejle Fest & Teltudlejning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vejle Fest & Teltudlejning ApS
Vejle Fest & Teltudlejning ApS (CVR number: 34219702) is a company from VEJLE. The company recorded a gross profit of -63 kDKK in 2024. The operating profit was -63 kDKK, while net earnings were -65.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -10.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Vejle Fest & Teltudlejning ApS's liquidity measured by quick ratio was 2.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 638.97 | -31.79 | -18.78 | -33.51 | -63.00 |
| EBIT | 625.24 | -31.79 | -18.78 | -33.51 | -63.00 |
| Net earnings | 527.79 | -37.78 | -21.52 | -35.52 | -65.57 |
| Shareholders equity total | 812.88 | 720.09 | 641.38 | 707.38 | 561.81 |
| Balance sheet total (assets) | 859.58 | 742.76 | 658.94 | 728.94 | 852.52 |
| Net debt | - 792.45 | - 742.48 | - 299.16 | - 371.46 | -34.48 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 36.6 % | -3.7 % | -2.7 % | -4.8 % | -7.9 % |
| ROE | 96.1 % | -4.9 % | -3.2 % | -5.3 % | -10.3 % |
| ROI | 44.2 % | -3.8 % | -2.8 % | -4.9 % | -8.2 % |
| Economic value added (EVA) | 469.91 | -72.84 | -54.97 | -65.76 | -98.56 |
| Solvency | |||||
| Equity ratio | 94.6 % | 96.9 % | 97.3 % | 97.0 % | 65.9 % |
| Gearing | 0.5 % | 0.0 % | 0.0 % | 0.0 % | 47.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 27.5 | 32.8 | 36.4 | 32.9 | 2.4 |
| Current ratio | 27.5 | 32.8 | 36.4 | 32.9 | 2.4 |
| Cash and cash equivalents | 796.57 | 742.76 | 299.44 | 371.75 | 299.44 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | BBB | BBB |
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