proVET Nordic ApS — Credit Rating and Financial Key Figures

CVR number: 32441238
Industrivej 5, 6640 Lunderskov

Company information

Official name
proVET Nordic ApS
Personnel
10 persons
Established
2009
Company form
Private limited company
Industry

About proVET Nordic ApS

proVET Nordic ApS (CVR number: 32441238) is a company from KOLDING. The company recorded a gross profit of 5642.5 kDKK in 2023. The operating profit was 993.9 kDKK, while net earnings were 726 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. proVET Nordic ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 403.284 988.466 019.694 729.625 642.46
EBIT383.13635.261 178.33488.20993.94
Net earnings258.36474.90875.91333.39726.03
Shareholders equity total1 340.421 565.321 941.231 774.622 500.66
Balance sheet total (assets)3 267.673 900.163 765.564 998.015 845.91
Net debt- 470.92- 110.25- 101.671 321.39693.71
Profitability
EBIT-%
ROA11.5 %18.1 %30.8 %11.2 %18.4 %
ROE19.3 %32.7 %50.0 %17.9 %34.0 %
ROI28.4 %44.1 %67.0 %19.3 %30.0 %
Economic value added (EVA)304.68449.01840.70282.30674.51
Solvency
Equity ratio41.0 %40.1 %51.6 %35.5 %42.8 %
Gearing76.2 %41.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.80.90.50.6
Current ratio1.61.61.91.51.7
Cash and cash equivalents470.92110.25101.6731.04331.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.8%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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