VEJEN RENSEANLÆG A/S

CVR number: 35244794
Gormsvej 7, 6600 Vejen

Credit rating

Company information

Official name
VEJEN RENSEANLÆG A/S
Established
2013
Company form
Limited company
Industry
  • Expand more icon37Sewerage

About the company

VEJEN RENSEANLÆG A/S (CVR number: 35244794) is a company from VEJEN. The company reported a net sales of 24.7 mDKK in 2023, demonstrating a growth of 21.8 % compared to the previous year. The operating profit percentage was poor at -115.4 % (EBIT: -28.5 mDKK), while net earnings were -18.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -14.2 %, which can be considered poor and Return on Equity (ROE) was -14.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VEJEN RENSEANLÆG A/S's liquidity measured by quick ratio was 5.5 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
20192020202120222023
Volume
Net sales21 368.0021 973.0021 384.0020 250.0024 674.00
Gross profit14.00- 347.00-2 044.00-1 758.00-25 384.00
EBIT-1 665.00-1 897.00-3 667.00-3 574.00-28 483.00
Net earnings-1 714.00-1 871.00-3 077.00-3 015.00-18 177.00
Shareholders equity total176 772.00174 901.00171 824.00145 666.00110 903.00
Balance sheet total (assets)238 230.00233 844.00228 385.00202 966.00188 393.00
Net debt23 817.0019 328.0033 404.0031 888.0061 470.00
Profitability
EBIT-%-7.8 %-8.6 %-17.1 %-17.6 %-115.4 %
ROA-0.7 %-0.8 %-1.5 %-1.5 %-14.2 %
ROE-1.0 %-1.1 %-1.8 %-1.9 %-14.2 %
ROI-0.7 %-0.8 %-1.5 %-1.5 %-14.2 %
Economic value added (EVA)-11 668.68-11 373.76-12 367.63-12 991.86-26 138.34
Solvency
Equity ratio74.2 %74.8 %75.2 %74.8 %62.5 %
Gearing22.2 %21.5 %19.5 %21.9 %55.7 %
Relative net indebtedness %124.5 %99.3 %180.5 %157.5 %246.6 %
Liquidity
Quick ratio3.03.23.22.75.5
Current ratio3.13.33.22.85.6
Cash and cash equivalents15 495.0018 289.0054.00276.00
Capital use efficiency
Trade debtors turnover (days)14.14.217.814.914.5
Net working capital %62.5 %68.9 %72.5 %24.4 %40.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-14.2%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.5%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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

Companies in the same industry

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