Vetnordic A/S — Credit Rating and Financial Key Figures

CVR number: 43145975
Nyvang 15, 5500 Middelfart
Free credit report Annual report

Company information

Official name
Vetnordic A/S
Personnel
21 persons
Established
2022
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
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-62.771 386.9222 672.22
Balance sheet total (assets)14 741.0527 934.9242 791.06
Net debt8 339.9820 832.027 034.36
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 ratio2.81.91.7
Current ratio2.93.23.4
Cash and cash equivalents24.591 714.115 048.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-81.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member
Chief executive officer

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