VenIT ApS — Credit Rating and Financial Key Figures

CVR number: 30208498
Billedskærervej 17 B, 5230 Odense M
info@vennerstrom.dk
tel: 71990112
www.venit.dk

Company information

Official name
VenIT ApS
Personnel
5 persons
Established
2007
Company form
Private limited company
Industry

About VenIT ApS

VenIT ApS (CVR number: 30208498) is a company from ODENSE. The company recorded a gross profit of 3823.2 kDKK in 2023. The operating profit was 522.3 kDKK, while net earnings were 404 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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. VenIT ApS's liquidity measured by quick ratio was 2.7 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 profit2 911.263 421.603.313 572 408.003 823.21
EBIT551.201 023.740.79803 030.00522.28
Net earnings432.50807.280.61617 611.00404.03
Shareholders equity total1 213.581 620.851.431 445 556.001 249.58
Balance sheet total (assets)2 088.622 525.391.852 280 339.002 143.62
Net debt- 619.60- 550.02-0.60- 967 547.00- 182.27
Profitability
EBIT-%
ROA30.1 %45.2 %0.1 %70.4 %0.0 %
ROE43.4 %57.0 %0.1 %85.4 %0.1 %
ROI49.2 %67.9 %0.1 %99.3 %0.1 %
Economic value added (EVA)412.31768.05-53.02623 646.04-15 006.34
Solvency
Equity ratio58.1 %64.2 %77.3 %63.4 %58.3 %
Gearing11.9 %16.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.73.26.13.12.7
Current ratio2.73.26.13.12.7
Cash and cash equivalents619.60550.020.601 138 890.00386.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAAA

Variable visualization

ROA:0.05%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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