GRØNNEGADE, VEJLE ApS — Credit Rating and Financial Key Figures

CVR number: 34077312
Horsensvej 72 A, 7100 Vejle
admin@vea.dk
tel: 33314622

Credit rating

Company information

Official name
GRØNNEGADE, VEJLE ApS
Established
2011
Company form
Private limited company
Industry

About GRØNNEGADE, VEJLE ApS

GRØNNEGADE, VEJLE ApS (CVR number: 34077312) is a company from VEJLE. The company recorded a gross profit of 3227.4 kDKK in 2023. The operating profit was 3146.2 kDKK, while net earnings were 1794.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 43.1 %, 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. GRØNNEGADE, VEJLE ApS's liquidity measured by quick ratio was 8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 577.002 727.001 700.002 384.003 227.45
EBIT12 595.009 668.008 627.002 393.003 146.24
Net earnings9 500.007 285.006 849.001 790.001 794.88
Shareholders equity total26 441.0033 726.0040 575.0042 366.0044 160.40
Balance sheet total (assets)76 912.0094 519.00100 680.00101 866.00102 425.24
Net debt40 297.0046 900.0048 125.0047 251.0045 628.13
Profitability
EBIT-%
ROA17.8 %11.6 %9.6 %3.0 %3.7 %
ROE43.8 %24.2 %18.4 %4.3 %4.1 %
ROI18.0 %11.7 %9.6 %3.0 %3.8 %
Economic value added (EVA)7 156.224 243.532 782.05-2 533.96-2 011.81
Solvency
Equity ratio34.4 %35.7 %40.3 %41.6 %43.1 %
Gearing157.0 %149.1 %118.8 %111.5 %104.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.65.67.58.48.0
Current ratio3.65.67.58.48.0
Cash and cash equivalents1 225.003 382.0092.002.00544.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:3.74%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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