VEAP Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40888497
Store Torv 4, 8000 Aarhus C

Company information

Official name
VEAP Holding ApS
Established
2019
Company form
Private limited company
Industry

About VEAP Holding ApS

VEAP Holding ApS (CVR number: 40888497) is a company from AARHUS. The company recorded a gross profit of -13.2 kDKK in 2023. The operating profit was -13.2 kDKK, while net earnings were 15.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.9 %, which can be considered excellent and Return on Equity (ROE) was 38.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.3 %, 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. VEAP Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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-14.67-13.79-10.45-10.68-13.25
EBIT-14.67-13.79-10.45-10.68-13.25
Net earnings-14.6811 702.1610 440.8913 708.0215 497.50
Shareholders equity total25.3211 727.4822 168.3635 721.6745 715.06
Balance sheet total (assets)32.5712 433.7333 004.4446 686.5661 489.45
Net debt-12.57-79.89- 283.36-1 109.843 631.39
Profitability
EBIT-%
ROA-45.0 %187.8 %46.5 %34.7 %28.9 %
ROE-58.0 %199.1 %61.6 %47.4 %38.1 %
ROI-57.9 %199.2 %62.4 %47.8 %36.3 %
Economic value added (EVA)-14.67-13.43585.691 109.691 824.92
Solvency
Equity ratio77.7 %94.3 %67.2 %76.5 %74.3 %
Gearing10.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.01.01.01.0
Current ratio1.71.01.01.01.0
Cash and cash equivalents12.5779.89283.361 109.841 071.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBAAAA

Variable visualization

ROA:28.9%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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