Vensped Holding A/S — Credit Rating and Financial Key Figures

CVR number: 39609231
Sprogøvej 21, 9800 Hjørring
jbm@vensped.dk

Credit rating

Company information

Official name
Vensped Holding A/S
Established
2018
Company form
Limited company
Industry

About Vensped Holding A/S

Vensped Holding A/S (CVR number: 39609231) is a company from HJØRRING. The company reported a net sales of -0.3 mDKK in 2023, demonstrating a decline of -104.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.3 mDKK), while net earnings were -311.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Vensped Holding A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 351.272 804.585 611.216 943.88- 298.49
Gross profit2 333.972 788.965 598.696 906.01- 316.63
EBIT2 333.972 788.965 598.696 906.01- 316.63
Net earnings2 090.402 602.975 680.596 914.07- 311.78
Shareholders equity total14 310.2816 415.0121 115.9226 996.5825 186.16
Balance sheet total (assets)20 680.8721 029.9724 012.7727 789.0926 805.02
Net debt6 310.854 591.462 865.69571.44613.62
Profitability
EBIT-%99.3 %99.4 %99.8 %99.5 %
ROA11.5 %13.4 %24.9 %26.7 %-1.2 %
ROE15.5 %16.9 %30.3 %28.7 %-1.2 %
ROI11.5 %13.4 %24.9 %26.7 %-1.2 %
Economic value added (EVA)2 420.682 835.515 796.997 123.4072.78
Solvency
Equity ratio69.2 %78.1 %87.9 %97.1 %94.0 %
Gearing44.1 %28.0 %13.7 %2.8 %3.2 %
Relative net indebtedness %268.9 %164.2 %51.3 %8.8 %-209.8 %
Liquidity
Quick ratio0.60.50.10.20.2
Current ratio0.60.50.10.20.2
Cash and cash equivalents6.434.3318.66184.00183.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-34.4 %-26.7 %-48.3 %-8.6 %205.6 %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-1.16%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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