Veteranfonden — Credit Rating and Financial Key Figures

Veteranfonden (CVR number: 39727773) is a company from GENTOFTE. The company reported a net sales of 3.5 mDKK in 2023, demonstrating a growth of 13.4 % compared to the previous year. The operating profit percentage was at 2.3 % (EBIT: 0.1 mDKK), while net earnings were 83 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 30.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. Veteranfonden's liquidity measured by quick ratio was 1.6 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.