VEJLE SPILDEVAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEJLE SPILDEVAND A/S
VEJLE SPILDEVAND A/S (CVR number: 32882064) is a company from VEJLE. The company reported a net sales of 264.5 mDKK in 2024, demonstrating a growth of 11.1 % compared to the previous year. The operating profit percentage was at 28.1 % (EBIT: 74.3 mDKK), while net earnings were 107.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VEJLE SPILDEVAND A/S'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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 213.09 | 205.18 | 243.22 | 238.13 | 264.53 |
Gross profit | 81.41 | 75.17 | 116.28 | 104.26 | 112.44 |
EBIT | 48.35 | 44.37 | 84.81 | 65.64 | 74.35 |
Net earnings | 51.06 | 45.27 | 84.83 | 68.82 | 107.18 |
Shareholders equity total | 3 432.87 | 3 478.14 | 3 562.97 | 3 631.79 | 3 738.98 |
Balance sheet total (assets) | 3 594.18 | 3 659.65 | 3 746.94 | 3 804.79 | 3 919.11 |
Net debt | -45.10 | -71.14 | -55.68 | -88.26 | -68.24 |
Profitability | |||||
EBIT-% | 22.7 % | 21.6 % | 34.9 % | 27.6 % | 28.1 % |
ROA | 1.4 % | 1.3 % | 2.4 % | 1.9 % | 2.1 % |
ROE | 1.5 % | 1.3 % | 2.4 % | 1.9 % | 2.9 % |
ROI | 1.5 % | 1.3 % | 2.5 % | 1.9 % | 2.1 % |
Economic value added (EVA) | - 116.67 | - 120.13 | -78.71 | - 108.11 | -74.25 |
Solvency | |||||
Equity ratio | 95.5 % | 95.1 % | 95.2 % | 95.5 % | 95.4 % |
Gearing | 1.8 % | 1.0 % | 1.4 % | 0.3 % | 0.9 % |
Relative net indebtedness % | 16.5 % | 7.5 % | 7.7 % | 27.1 % | 26.9 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.5 | 1.5 | 1.4 | 1.3 |
Current ratio | 1.2 | 1.5 | 1.5 | 1.4 | 1.3 |
Cash and cash equivalents | 107.61 | 104.61 | 105.28 | 99.62 | 100.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.8 | 10.8 | 11.5 | 36.6 | 54.1 |
Net working capital % | -32.7 % | -20.5 % | -13.6 % | -23.8 % | -18.4 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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