VENNEGÅRD ApS — Credit Rating and Financial Key Figures

CVR number: 32153577
Nykirkevej 2, 7173 Vonge

Credit rating

Company information

Official name
VENNEGÅRD ApS
Established
2009
Company form
Private limited company
Industry

About VENNEGÅRD ApS

VENNEGÅRD ApS (CVR number: 32153577) is a company from VEJLE. The company recorded a gross profit of 168 kDKK in 2023. The operating profit was 168 kDKK, while net earnings were 32.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -4.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VENNEGÅRD ApS'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
2019
2020
2021
2022
2023
Volume
Net sales99.81
Gross profit71.45138.88127.45168.03
EBIT71.4589.06138.88127.45168.03
Net earnings0.3610.4651.0641.0232.16
Shareholders equity total- 298.41- 287.95- 236.89- 195.87- 163.71
Balance sheet total (assets)3 281.293 285.773 270.233 257.363 248.31
Net debt1 566.581 546.591 522.321 460.381 422.35
Profitability
EBIT-%71.6 %
ROA2.0 %2.5 %3.9 %3.7 %4.9 %
ROE0.0 %0.3 %1.6 %1.3 %1.0 %
ROI4.5 %5.7 %9.0 %8.5 %11.6 %
Economic value added (EVA)7.846.4646.3637.9370.73
Solvency
Equity ratio-8.3 %-8.1 %-6.8 %-5.7 %-4.8 %
Gearing-525.0 %-539.2 %-644.7 %-747.8 %-871.5 %
Relative net indebtedness %3586.5 %
Liquidity
Quick ratio0.10.10.00.00.0
Current ratio0.10.10.00.00.0
Cash and cash equivalents6.064.824.394.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1918.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.90%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-4.80%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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