E-VET A/S — Credit Rating and Financial Key Figures

CVR number: 14708146
Ole Rømers Vej 26 A, 6100 Haderslev

Company information

Official name
E-VET A/S
Personnel
22 persons
Established
1990
Company form
Limited company
Industry

About E-VET A/S

E-VET A/S (CVR number: 14708146) is a company from HADERSLEV. The company recorded a gross profit of 12.9 mDKK in 2023. The operating profit was 2229.3 kDKK, while net earnings were 1700.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 70.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. E-VET A/S's liquidity measured by quick ratio was 1.8 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 profit12 621.8415 425.9421 989.8816 735.6612 891.74
EBIT3 825.516 627.9812 021.844 702.952 229.32
Net earnings2 829.405 107.859 496.105 197.541 700.14
Shareholders equity total21 278.2426 386.0925 882.1931 079.7320 779.87
Balance sheet total (assets)29 702.8636 820.0537 185.3943 283.9929 647.42
Net debt256.04100.48-2 915.933 290.93- 973.63
Profitability
EBIT-%
ROA13.7 %20.3 %33.0 %15.7 %6.2 %
ROE14.3 %21.4 %36.3 %18.2 %6.6 %
ROI18.3 %27.3 %45.4 %20.2 %7.8 %
Economic value added (EVA)2 030.434 074.338 099.652 778.99184.37
Solvency
Equity ratio71.6 %71.7 %69.6 %71.8 %70.1 %
Gearing1.2 %0.5 %0.3 %12.1 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.42.02.51.8
Current ratio3.83.93.63.73.4
Cash and cash equivalents41.592 987.94465.071 408.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:6.22%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.1%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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