Vetnordic A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vetnordic A/S
Vetnordic A/S (CVR number: 43145975) is a company from MIDDELFART. The company recorded a gross profit of -10403.4 kDKK in 2024. The operating profit was -29 mDKK, while net earnings were -23.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -81.4 %, which can be considered poor and Return on Equity (ROE) was -196.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Vetnordic A/S's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -2 525.69 | -9 087.20 | -10 403.40 |
EBIT | -4 399.61 | -19 893.51 | -29 003.86 |
Net earnings | -5 062.78 | -18 434.91 | -23 598.33 |
Shareholders equity total | -62.77 | 1 386.92 | 22 672.22 |
Balance sheet total (assets) | 14 741.05 | 27 934.92 | 42 791.06 |
Net debt | 8 339.98 | 20 832.02 | 7 034.36 |
Profitability | |||
EBIT-% | |||
ROA | -35.5 % | -91.1 % | -81.4 % |
ROE | -34.3 % | -228.6 % | -196.2 % |
ROI | -41.4 % | -122.6 % | -97.7 % |
Economic value added (EVA) | -4 124.67 | -16 103.13 | -23 862.99 |
Solvency | |||
Equity ratio | -0.4 % | 5.0 % | 53.0 % |
Gearing | -13324.7 % | 1625.6 % | 53.3 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 2.8 | 1.9 | 1.7 |
Current ratio | 2.9 | 3.2 | 3.4 |
Cash and cash equivalents | 24.59 | 1 714.11 | 5 048.69 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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