VETINAS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VETINAS ApS
VETINAS ApS (CVR number: 11440444) is a company from KØBENHAVN. The company recorded a gross profit of -1677.5 kDKK in 2023. The operating profit was -2338.5 kDKK, while net earnings were 13.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VETINAS ApS's liquidity measured by quick ratio was 23.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3 392.63 | -1 445.19 | -1 313.01 | -1 540.69 | -1 677.48 |
EBIT | -3 392.63 | -2 070.82 | -1 972.60 | -2 199.97 | -2 338.48 |
Net earnings | 6 868.72 | -2 560.21 | 3 172.04 | -4 630.86 | 13 159.87 |
Shareholders equity total | 153 641.98 | 151 081.77 | 154 253.80 | 149 622.94 | 158 282.81 |
Balance sheet total (assets) | 219 164.77 | 157 297.03 | 155 636.87 | 153 786.91 | 164 905.99 |
Net debt | -84 001.11 | -80 159.94 | - 111 133.89 | - 105 672.84 | - 111 665.28 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.4 % | -0.3 % | 9.6 % | 0.0 % | 11.4 % |
ROE | 3.8 % | -1.7 % | 2.1 % | -3.0 % | 8.5 % |
ROI | 3.6 % | -0.3 % | 2.6 % | 0.0 % | 11.4 % |
Economic value added (EVA) | -6 647.14 | -6 372.85 | -5 026.79 | -3 900.89 | -3 843.85 |
Solvency | |||||
Equity ratio | 70.1 % | 96.0 % | 99.1 % | 97.3 % | 96.0 % |
Gearing | 41.8 % | 3.7 % | 0.2 % | 2.5 % | 3.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 110.4 | 126.6 | 105.5 | 34.8 | 23.3 |
Current ratio | 110.4 | 126.6 | 105.5 | 34.8 | 23.3 |
Cash and cash equivalents | 148 299.23 | 85 705.92 | 111 369.69 | 109 362.95 | 117 093.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AA | A | AA |
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