VEDBÆK HANDEL & INDUSTRI ApS — Credit Rating and Financial Key Figures

CVR number: 16054984
Stubberupvej 18, Oue 9500 Hobro
kj@vhi.dk
tel: 40190993
www.vhi.dk

Credit rating

Company information

Official name
VEDBÆK HANDEL & INDUSTRI ApS
Personnel
5 persons
Established
1992
Domicile
Oue
Company form
Private limited company
Industry

About VEDBÆK HANDEL & INDUSTRI ApS

VEDBÆK HANDEL & INDUSTRI ApS (CVR number: 16054984) is a company from MARIAGERFJORD. The company recorded a gross profit of 1891 kDKK in 2023. The operating profit was 238.3 kDKK, while net earnings were 173.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 22.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VEDBÆK HANDEL & INDUSTRI 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 profit1 494.273 514.682 978.513 176.241 890.97
EBIT526.242 074.101 519.081 416.83238.27
Net earnings388.191 656.051 158.191 087.25173.63
Shareholders equity total543.851 799.901 308.091 245.34318.97
Balance sheet total (assets)3 038.363 267.952 636.641 880.571 601.08
Net debt-1 042.88-1 919.50- 880.59- 811.33- 492.23
Profitability
EBIT-%
ROA17.2 %67.9 %51.5 %62.7 %13.7 %
ROE47.1 %141.3 %74.5 %85.2 %22.2 %
ROI63.9 %182.8 %82.9 %89.8 %29.7 %
Economic value added (EVA)369.951 638.321 187.241 107.63162.66
Solvency
Equity ratio17.9 %55.1 %49.6 %66.2 %19.9 %
Gearing42.6 %3.7 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.41.21.60.6
Current ratio1.22.11.92.71.1
Cash and cash equivalents1 042.881 919.501 438.44856.91492.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.9%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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