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HANDELSSELSKABET VEJLEMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANDELSSELSKABET VEJLEMARK ApS
HANDELSSELSKABET VEJLEMARK ApS (CVR number: 67350510) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 171.1 kDKK in 2024. The operating profit was -40.7 kDKK, while net earnings were -31.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -20.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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. HANDELSSELSKABET VEJLEMARK ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 400.52 | 392.29 | 242.15 | 321.80 | 171.10 |
| EBIT | 92.47 | 83.73 | -69.07 | 11.38 | -40.70 |
| Net earnings | 68.38 | 81.43 | -40.42 | 5.98 | -31.86 |
| Shareholders equity total | 226.98 | 258.41 | 168.00 | 173.97 | 142.11 |
| Balance sheet total (assets) | 423.80 | 491.73 | 424.40 | 423.89 | 397.60 |
| Net debt | - 268.44 | - 255.66 | -56.45 | -65.68 | -88.40 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 30.4 % | 18.3 % | -15.1 % | 2.7 % | -9.8 % |
| ROE | 35.5 % | 33.6 % | -19.0 % | 3.5 % | -20.2 % |
| ROI | 35.2 % | 32.8 % | -27.8 % | 5.6 % | -22.6 % |
| Economic value added (EVA) | 83.97 | 72.33 | -54.21 | -2.77 | -41.61 |
| Solvency | |||||
| Equity ratio | 53.6 % | 52.6 % | 39.6 % | 41.0 % | 35.7 % |
| Gearing | 9.8 % | 26.9 % | 11.1 % | 15.6 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 1.8 | 0.9 | 0.9 | 0.7 |
| Current ratio | 2.2 | 2.1 | 1.7 | 1.7 | 1.6 |
| Cash and cash equivalents | 268.44 | 281.04 | 101.65 | 84.93 | 110.64 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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