VEECAN SYSTEMS ApS — Credit Rating and Financial Key Figures

CVR number: 20974885
Torvet 10, 4720 Præstø
rs@VeeCan.dk
tel: 40464501
www.VeeCan.dk
Free credit report Annual report

Company information

Official name
VEECAN SYSTEMS ApS
Personnel
1 person
Established
1998
Company form
Private limited company
Industry

About VEECAN SYSTEMS ApS

VEECAN SYSTEMS ApS (CVR number: 20974885) is a company from VORDINGBORG. The company recorded a gross profit of -55.9 kDKK in 2024. The operating profit was -84.5 kDKK, while net earnings were -85.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19 %, which can be considered poor and Return on Equity (ROE) was -35.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -53 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VEECAN SYSTEMS ApS's liquidity measured by quick ratio was 4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-82.38111.1428.9746.59-55.91
EBIT-98.8082.990.3218.62-84.47
Net earnings-88.1951.37-41.27-3.35-85.24
Shareholders equity total- 133.60-82.23- 123.50- 126.85- 212.09
Balance sheet total (assets)174.36167.17220.59286.67199.70
Net debt211.85118.48200.15283.96286.88
Profitability
EBIT-%
ROA-40.9 %30.2 %0.6 %6.5 %-19.0 %
ROE-59.2 %30.1 %-21.3 %-1.3 %-35.1 %
ROI-67.2 %47.5 %0.9 %8.0 %-22.2 %
Economic value added (EVA)-74.0771.434.3622.25-75.19
Solvency
Equity ratio-44.8 %-34.9 %-37.4 %-31.5 %-53.0 %
Gearing-158.6 %-144.1 %-207.6 %-269.5 %-162.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.73.25.24.0
Current ratio0.60.72.64.33.1
Cash and cash equivalents56.1857.8457.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-19.0%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-53.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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