VEJGAARD TÆPPEMONTERING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEJGAARD TÆPPEMONTERING A/S
VEJGAARD TÆPPEMONTERING A/S (CVR number: 14224297) is a company from AALBORG. The company recorded a gross profit of 3679.1 kDKK in 2024. The operating profit was -494.6 kDKK, while net earnings were -49.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VEJGAARD TÆPPEMONTERING A/S's liquidity measured by quick ratio was 13.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 6 271.64 | 6 435.33 | 4 879.06 | 4 172.94 | 3 679.06 |
| EBIT | 1 024.30 | 1 147.11 | 176.14 | 18.45 | - 494.61 |
| Net earnings | 2 678.42 | 1 112.04 | - 514.79 | 1 057.26 | -49.38 |
| Shareholders equity total | 21 116.80 | 21 228.84 | 19 713.05 | 19 770.31 | 18 720.93 |
| Balance sheet total (assets) | 23 696.35 | 23 825.72 | 21 247.72 | 20 950.19 | 19 942.90 |
| Net debt | -19 649.29 | -18 931.62 | -16 841.24 | -16 529.27 | -15 679.19 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 16.0 % | 8.0 % | 2.8 % | 6.5 % | 1.6 % |
| ROE | 13.2 % | 5.3 % | -2.5 % | 5.4 % | -0.3 % |
| ROI | 17.7 % | 8.9 % | 3.0 % | 7.0 % | 1.7 % |
| Economic value added (EVA) | - 184.29 | - 176.47 | - 933.61 | - 976.40 | -1 397.64 |
| Solvency | |||||
| Equity ratio | 89.1 % | 89.1 % | 92.8 % | 94.4 % | 93.9 % |
| Gearing | 0.0 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 11.4 | 8.4 | 11.5 | 15.0 | 13.7 |
| Current ratio | 12.8 | 9.7 | 13.4 | 17.9 | 16.3 |
| Cash and cash equivalents | 19 649.29 | 18 931.62 | 16 841.61 | 16 529.27 | 15 679.19 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | A | BBB |
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