Vedsted Cotel A/S — Credit Rating and Financial Key Figures

CVR number: 37583405
Slotsvej 54, 6510 Gram

Credit rating

Company information

Official name
Vedsted Cotel A/S
Established
2016
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About Vedsted Cotel A/S

Vedsted Cotel A/S (CVR number: 37583405) is a company from HADERSLEV. The company recorded a gross profit of 1519.9 kDKK in 2022. The operating profit was 1550.3 kDKK, while net earnings were 1182.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, 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. Vedsted Cotel A/S's liquidity measured by quick ratio was 0 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit1 569.141 546.531 516.231 527.411 519.87
EBIT1 110.221 162.401 033.921 134.441 550.35
Net earnings564.02617.75539.08610.761 182.19
Shareholders equity total3 488.934 106.684 645.765 256.513 638.70
Balance sheet total (assets)27 000.8627 197.6527 238.5329 349.3825 680.17
Net debt23 143.1222 116.3921 603.0622 844.0421 315.96
Profitability
EBIT-%
ROA4.2 %4.3 %3.9 %4.4 %6.9 %
ROE17.6 %16.3 %12.3 %12.3 %26.6 %
ROI4.2 %4.4 %4.0 %4.5 %7.1 %
Economic value added (EVA)- 415.44- 386.98- 472.40- 409.80- 157.60
Solvency
Equity ratio12.9 %15.1 %17.1 %17.9 %14.2 %
Gearing663.3 %546.4 %465.0 %434.6 %585.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.50.82.30.0
Current ratio0.10.50.82.30.0
Cash and cash equivalents320.610.720.140.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.92%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.2%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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