VED MILEPÆLEN 2 ApS — Credit Rating and Financial Key Figures

CVR number: 33644140
Ved Milepælen 2, 8361 Hasselager

Credit rating

Company information

Official name
VED MILEPÆLEN 2 ApS
Established
2011
Company form
Private limited company
Industry

About VED MILEPÆLEN 2 ApS

VED MILEPÆLEN 2 ApS (CVR number: 33644140) is a company from AARHUS. The company recorded a gross profit of 90.6 kDKK in 2023. The operating profit was 27.9 kDKK, while net earnings were -26.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VED MILEPÆLEN 2 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 sales134.5083.87
Gross profit73.6023.5387.5479.4190.59
EBIT10.94-39.1324.8816.7527.93
Net earnings-9.92-56.048.02-19.45-26.87
Shareholders equity total63.687.6415.66-3.80-30.67
Balance sheet total (assets)2 313.182 301.981 601.251 588.931 546.01
Net debt1 659.931 617.021 554.421 517.801 470.76
Profitability
EBIT-%8.1 %-46.7 %
ROA0.4 %-1.7 %1.3 %1.0 %1.8 %
ROE-14.5 %-157.2 %68.9 %-2.4 %-1.7 %
ROI0.5 %-1.7 %1.3 %1.1 %1.8 %
Economic value added (EVA)23.17-41.7924.31-12.911.97
Solvency
Equity ratio2.8 %0.3 %1.0 %-0.2 %-1.9 %
Gearing2633.8 %21337.5 %10109.3 %-41308.2 %-5046.5 %
Relative net indebtedness %1240.4 %1973.6 %
Liquidity
Quick ratio0.00.00.00.10.1
Current ratio0.00.00.00.10.1
Cash and cash equivalents17.2212.5328.3049.8476.93
Capital use efficiency
Trade debtors turnover (days)91.6118.6
Net working capital %-1215.3 %-1941.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.77%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-1.95%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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