VELVET MINK 20-15 ApS — Credit Rating and Financial Key Figures

VELVET MINK 20-15 ApS (CVR number: 32649963) is a company from VARDE. The company recorded a gross profit of 274.2 kDKK in 2024. The operating profit was 37 kDKK, while net earnings were 423.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VELVET MINK 20-15 ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.