VETO ApS — Credit Rating and Financial Key Figures

CVR number: 31187966
Brohusgade 17, 2200 København N
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Company information

Official name
VETO ApS
Established
2008
Company form
Private limited company
Industry

About VETO ApS

VETO ApS (CVR number: 31187966) is a company from KØBENHAVN. The company reported a net sales of 0.8 mDKK in 2024, demonstrating a growth of 154.9 % compared to the previous year. The operating profit percentage was poor at -3.2 % (EBIT: -0 mDKK), while net earnings were -30.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.3 %, which can be considered poor and Return on Equity (ROE) was -18.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VETO ApS's liquidity measured by quick ratio was 9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales89.43146.0154.14329.64840.12
Gross profit74.5680.1429.135.98-27.13
EBIT60.3666.9017.584.06-27.13
Net earnings45.6550.2812.674.41-30.36
Shareholders equity total113.67163.95176.62181.04150.67
Balance sheet total (assets)140.27209.22203.03190.78163.82
Net debt-55.56- 135.63- 140.02- 108.16-92.40
Profitability
EBIT-%67.5 %45.8 %32.5 %1.2 %-3.2 %
ROA39.8 %38.3 %8.5 %2.1 %-15.3 %
ROE34.1 %36.2 %7.4 %2.5 %-18.3 %
ROI45.1 %48.2 %10.3 %2.3 %-16.4 %
Economic value added (EVA)39.1346.205.39-4.82-38.55
Solvency
Equity ratio81.0 %78.4 %87.0 %94.9 %92.0 %
Gearing
Relative net indebtedness %-32.4 %-61.9 %-209.9 %-29.9 %-9.4 %
Liquidity
Quick ratio2.23.15.514.19.0
Current ratio4.34.37.619.612.5
Cash and cash equivalents55.56135.63140.02108.1692.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %99.1 %103.1 %322.7 %54.9 %17.9 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-15.3%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.0%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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