VAN DE VELDE DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 29832056
Møllegade 2 B, 6330 Padborg
Hcc@revisor.dk
tel: 74675190

Credit rating

Company information

Official name
VAN DE VELDE DENMARK ApS
Personnel
22 persons
Established
2006
Company form
Private limited company
Industry

About VAN DE VELDE DENMARK ApS

VAN DE VELDE DENMARK ApS (CVR number: 29832056) is a company from AABENRAA. The company recorded a gross profit of 6987.9 kDKK in 2023. The operating profit was 761.2 kDKK, while net earnings were 454.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VAN DE VELDE DENMARK ApS's liquidity measured by quick ratio was 9 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 profit7 924.107 427.697 289.377 038.426 987.92
EBIT1 393.32927.811 876.661 508.26761.22
Net earnings1 336.77375.201 373.271 092.36454.75
Shareholders equity total4 821.685 196.886 570.157 662.518 117.25
Balance sheet total (assets)6 030.966 560.007 870.238 609.489 120.68
Net debt- 360.60-1 824.55-6 193.69-5 464.27-5 107.75
Profitability
EBIT-%
ROA24.0 %14.7 %26.0 %18.3 %8.6 %
ROE31.2 %7.5 %23.3 %15.4 %5.8 %
ROI31.7 %18.3 %31.9 %21.2 %9.6 %
Economic value added (EVA)1 177.52475.961 181.90846.76169.67
Solvency
Equity ratio79.9 %79.2 %83.5 %89.0 %89.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.44.76.09.09.0
Current ratio5.14.76.09.09.0
Cash and cash equivalents360.601 824.556 193.695 464.275 107.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.59%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.0%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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