VEDEL ApS — Credit Rating and Financial Key Figures

CVR number: 30237161
Stibjergvej 62, 4220 Korsør

Company information

Official name
VEDEL ApS
Established
2006
Company form
Private limited company
Industry

About VEDEL ApS

VEDEL ApS (CVR number: 30237161) is a company from SLAGELSE. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -11.5 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 0 mDKK), while net earnings were 41 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VEDEL ApS's liquidity measured by quick ratio was 4.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales423.56434.70462.82340.20301.20
Gross profit286.24272.63255.5160.5299.22
EBIT171.06144.55131.94- 715.008.68
Net earnings93.6080.5775.88- 695.0241.05
Shareholders equity total5 541.315 621.885 697.765 002.755 043.79
Balance sheet total (assets)6 413.086 237.216 246.215 537.535 467.86
Net debt521.22357.36241.38-61.84- 230.99
Profitability
EBIT-%40.4 %33.3 %28.5 %-210.2 %2.9 %
ROA2.7 %2.3 %2.1 %-11.5 %1.4 %
ROE1.7 %1.4 %1.3 %-13.0 %0.8 %
ROI2.7 %2.3 %2.2 %-11.7 %1.4 %
Economic value added (EVA)- 170.12- 190.92- 208.06-1 010.38- 234.34
Solvency
Equity ratio86.4 %90.1 %91.2 %90.3 %92.2 %
Gearing13.6 %8.9 %7.5 %9.7 %6.1 %
Relative net indebtedness %150.3 %109.1 %78.1 %-3.3 %-38.5 %
Liquidity
Quick ratio0.60.71.22.64.5
Current ratio0.60.71.22.64.5
Cash and cash equivalents235.03141.24187.02545.93539.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-53.9 %-17.5 %7.5 %104.7 %156.8 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:1.42%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.2%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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