VETUS ApS — Credit Rating and Financial Key Figures

CVR number: 33155948
Engvej 9 C, 6600 Vejen

Credit rating

Company information

Official name
VETUS ApS
Personnel
2 persons
Established
2010
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VETUS ApS

VETUS ApS (CVR number: 33155948) is a company from VEJEN. The company recorded a gross profit of 1286.6 kDKK in 2023. The operating profit was 82 kDKK, while net earnings were 61.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 59.9 %, 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. VETUS ApS's liquidity measured by quick ratio was 2.6 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 sales1 721.75
Gross profit1 164.201 253.461 327.01839.781 286.59
EBIT81.9978.3986.63129.1881.96
Net earnings62.4461.1469.4374.7961.83
Shareholders equity total745.13825.82895.25970.04331.88
Balance sheet total (assets)1 441.731 495.781 479.101 128.42553.67
Net debt-44.43- 142.15- 240.73- 219.45- 244.77
Profitability
EBIT-%4.8 %
ROA6.0 %5.3 %5.8 %9.9 %9.7 %
ROE8.7 %7.8 %8.1 %8.0 %9.5 %
ROI11.5 %10.0 %10.1 %13.9 %12.6 %
Economic value added (EVA)30.2625.9336.6742.2924.11
Solvency
Equity ratio51.7 %55.2 %60.5 %86.0 %59.9 %
Gearing
Relative net indebtedness %37.9 %
Liquidity
Quick ratio2.12.22.56.92.6
Current ratio2.12.22.56.92.6
Cash and cash equivalents44.43142.15240.73219.45244.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %43.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.75%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.9%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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