VETECH SOFTWARE SOLUTIONS ApS — Credit Rating and Financial Key Figures

CVR number: 28692811
Murervej 7 A, 6710 Esbjerg V
jh@vetech.dk
tel: 70237707

Credit rating

Company information

Official name
VETECH SOFTWARE SOLUTIONS ApS
Personnel
8 persons
Established
2005
Company form
Private limited company
Industry

About VETECH SOFTWARE SOLUTIONS ApS

VETECH SOFTWARE SOLUTIONS ApS (CVR number: 28692811) is a company from ESBJERG. The company recorded a gross profit of 3831.8 kDKK in 2024. The operating profit was -115.8 kDKK, while net earnings were -108.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -25.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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. VETECH SOFTWARE SOLUTIONS ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit3 532.974 327.954 116.132 942.283 831.84
EBIT413.88751.36495.29- 404.27- 115.80
Net earnings321.01578.00380.27- 337.67- 108.62
Shareholders equity total1 079.60887.60967.87330.20521.57
Balance sheet total (assets)2 557.182 237.211 763.23944.891 589.30
Net debt-1 437.87-1 363.26- 530.33- 115.20341.04
Profitability
EBIT-%
ROA20.0 %31.3 %24.8 %-29.8 %-9.1 %
ROE34.9 %58.8 %41.0 %-52.0 %-25.5 %
ROI36.6 %65.8 %53.4 %-62.2 %-19.1 %
Economic value added (EVA)329.60619.58409.66- 339.43- 100.88
Solvency
Equity ratio42.2 %45.6 %54.9 %34.9 %32.8 %
Gearing29.3 %66.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.12.21.51.5
Current ratio1.71.62.21.51.5
Cash and cash equivalents1 753.971 363.26530.33115.204.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-9.14%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.8%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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