VEECAN SYSTEMS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -82.38 | 111.14 | 28.97 | 46.59 | -55.91 |
EBIT | -98.80 | 82.99 | 0.32 | 18.62 | -84.47 |
Net earnings | -88.19 | 51.37 | -41.27 | -3.35 | -85.24 |
Shareholders equity total | - 133.60 | -82.23 | - 123.50 | - 126.85 | - 212.09 |
Balance sheet total (assets) | 174.36 | 167.17 | 220.59 | 286.67 | 199.70 |
Net debt | 211.85 | 118.48 | 200.15 | 283.96 | 286.88 |
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) | -74.07 | 71.43 | 4.36 | 22.25 | -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 ratio | 0.6 | 0.7 | 3.2 | 5.2 | 4.0 |
Current ratio | 0.6 | 0.7 | 2.6 | 4.3 | 3.1 |
Cash and cash equivalents | 56.18 | 57.84 | 57.50 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | BB | B |
Variable visualization
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