VETTER INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 29390916
Bjergvejen 3, Hyllested 8400 Ebeltoft
tel: 86336034

Credit rating

Company information

Official name
VETTER INVEST ApS
Personnel
1 person
Established
2005
Domicile
Hyllested
Company form
Private limited company
Industry

About VETTER INVEST ApS

VETTER INVEST ApS (CVR number: 29390916) is a company from SYDDJURS. The company recorded a gross profit of -111 kDKK in 2023. The operating profit was -1374 kDKK, while net earnings were -35.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -9.4 %, which can be considered poor and Return on Equity (ROE) was -13.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. VETTER INVEST ApS's liquidity measured by quick ratio was 0.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 178.57- 124.90-79.13- 486.75- 110.96
EBIT- 178.57- 124.90-79.13-1 340.46-1 373.98
Net earnings14 524.6281 890.2392 626.18-5 083.03-35 446.96
Shareholders equity total114 850.41195 240.64286 366.82279 783.78241 836.83
Balance sheet total (assets)211 123.95308 133.61401 416.24389 156.99350 819.59
Net debt66 543.6882 082.5486 755.6474 518.4643 572.03
Profitability
EBIT-%
ROA8.8 %31.8 %26.3 %-1.2 %-9.4 %
ROE13.4 %52.8 %38.5 %-1.8 %-13.6 %
ROI10.2 %34.8 %28.3 %-1.3 %-10.6 %
Economic value added (EVA)5 010.095 605.199 722.4813 213.2913 405.71
Solvency
Equity ratio54.4 %63.4 %71.3 %71.9 %68.9 %
Gearing64.5 %45.9 %31.1 %29.6 %21.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.80.80.1
Current ratio0.80.80.80.80.1
Cash and cash equivalents7 537.267 523.982 174.998 262.679 269.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-9.41%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member

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