VETINAS ApS — Credit Rating and Financial Key Figures

CVR number: 11440444
Amaliegade 37, 1256 København K
virk@riemann.dk

Company information

Official name
VETINAS ApS
Personnel
1 person
Established
1987
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings6 868.72-2 560.213 172.04-4 630.8613 159.87
Shareholders equity total153 641.98151 081.77154 253.80149 622.94158 282.81
Balance sheet total (assets)219 164.77157 297.03155 636.87153 786.91164 905.99
Net debt-84 001.11-80 159.94- 111 133.89- 105 672.84- 111 665.28
Profitability
EBIT-%
ROA4.4 %-0.3 %9.6 %0.0 %11.4 %
ROE3.8 %-1.7 %2.1 %-3.0 %8.5 %
ROI3.6 %-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 ratio70.1 %96.0 %99.1 %97.3 %96.0 %
Gearing41.8 %3.7 %0.2 %2.5 %3.4 %
Relative net indebtedness %
Liquidity
Quick ratio110.4126.6105.534.823.3
Current ratio110.4126.6105.534.823.3
Cash and cash equivalents148 299.2385 705.92111 369.69109 362.95117 093.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.0%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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