VELOXIS PHARMACEUTICALS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VELOXIS PHARMACEUTICALS A/S
VELOXIS PHARMACEUTICALS A/S (CVR number: 26527767) is a company from KØBENHAVN. The company reported a net sales of 16.6 mUSD in 2018, demonstrating a growth of 30.9 % compared to the previous year. The operating profit percentage was at 81.1 % (EBIT: 13.5 mUSD), while net earnings were 19.5 mUSD. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VELOXIS PHARMACEUTICALS 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 financialsNet sales (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 123 395.00 | 2 103.00 | 3 800.00 | 12 670.00 | 16 587.00 |
| Gross profit | 120 148.00 | - 147.00 | 3 800.00 | 12 670.00 | 16 587.00 |
| EBIT | -56 645.00 | -28 292.00 | -7 075.00 | 9 217.00 | 13 453.00 |
| Net earnings | -33 632.00 | -25 255.00 | 13 046.00 | 11 668.00 | 19 505.00 |
| Shareholders equity total | 253 138.00 | 14 034.00 | 34 287.00 | 50 618.00 | 74 706.00 |
| Balance sheet total (assets) | 291 865.00 | 20 489.00 | 49 170.00 | 78 854.00 | 75 801.00 |
| Net debt | -13 719.00 | 11 566.00 | 19 744.00 | -1 650.00 | |
| Profitability | |||||
| EBIT-% | -1345.3 % | -186.2 % | 72.7 % | 81.1 % | |
| ROA | -16.7 % | -14.2 % | 19.7 % | 17.4 % | |
| ROE | -18.9 % | 54.0 % | 27.5 % | 31.1 % | |
| ROI | -18.9 % | -15.6 % | 20.2 % | 17.8 % | |
| Economic value added (EVA) | -67 670.19 | -40 417.98 | -5 803.33 | 7 999.48 | 5 707.45 |
| Solvency | |||||
| Equity ratio | 68.5 % | 69.7 % | 64.2 % | 98.6 % | |
| Gearing | 10.6 % | 40.5 % | 51.1 % | ||
| Relative net indebtedness % | -416.3 % | 330.2 % | 174.4 % | -3.3 % | |
| Liquidity | |||||
| Quick ratio | 2.7 | 2.6 | 2.7 | 1.7 | |
| Current ratio | 3.0 | 2.6 | 2.7 | 1.7 | |
| Cash and cash equivalents | 267 883.00 | 15 209.00 | 2 335.00 | 6 139.00 | 1 650.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 50.9 | ||||
| Net working capital % | 625.1 % | 42.1 % | 31.4 % | 4.5 % | |
| Credit risk | |||||
| Credit rating | BBB | BBB | AA | A |
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