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VEM Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEM Group ApS
VEM Group ApS (CVR number: 43611054) is a company from HOLSTEBRO. The company recorded a gross profit of -9.1 kDKK in 2024. The operating profit was -9.1 kDKK, while net earnings were 4432.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. VEM Group ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -8.38 | -8.63 | -9.12 |
| EBIT | -8.38 | -8.63 | -9.12 |
| Net earnings | 5 509.11 | 7 886.78 | 4 432.61 |
| Shareholders equity total | 11 080.42 | 20 850.99 | 20 283.60 |
| Balance sheet total (assets) | 12 838.80 | 39 392.37 | 31 808.13 |
| Net debt | 1 748.00 | 18 532.80 | 11 513.68 |
| Profitability | |||
| EBIT-% | |||
| ROA | 42.9 % | 30.6 % | 14.9 % |
| ROE | 49.7 % | 49.4 % | 21.6 % |
| ROI | 42.9 % | 30.6 % | 14.9 % |
| Economic value added (EVA) | -6.53 | - 655.09 | -1 985.72 |
| Solvency | |||
| Equity ratio | 86.3 % | 52.9 % | 63.8 % |
| Gearing | 15.8 % | 88.9 % | 56.8 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.9 | 0.8 | 0.5 |
| Current ratio | 0.9 | 0.8 | 0.5 |
| Cash and cash equivalents | 2.00 | 0.58 | 2.67 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | A | A |
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