VELVET ApS — Credit Rating and Financial Key Figures

CVR number: 29140944
Hjortevænget 4, 4130 Viby Sjælland
tel: 46373753

Credit rating

Company information

Official name
VELVET ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry

About VELVET ApS

VELVET ApS (CVR number: 29140944) is a company from ROSKILDE. The company recorded a gross profit of 1706.2 kDKK in 2024. The operating profit was 1033.6 kDKK, while net earnings were 870.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.4 %, which can be considered excellent and Return on Equity (ROE) was 30.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VELVET ApS's liquidity measured by quick ratio was 13.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 540.551 950.901 508.651 724.481 706.17
EBIT884.501 309.20257.011 091.991 033.64
Net earnings725.561 141.31251.95962.88870.64
Shareholders equity total2 753.053 144.352 396.312 859.182 881.88
Balance sheet total (assets)3 043.303 630.462 542.933 132.023 044.16
Net debt-1 566.98-1 805.81- 266.18-1 254.09-1 114.10
Profitability
EBIT-%
ROA30.1 %43.5 %10.8 %42.6 %36.4 %
ROE25.8 %38.7 %9.1 %36.6 %30.3 %
ROI33.4 %48.8 %12.0 %46.0 %39.1 %
Economic value added (EVA)543.47881.7737.54731.38658.98
Solvency
Equity ratio90.5 %86.6 %94.2 %91.3 %94.7 %
Gearing1.5 %
Relative net indebtedness %
Liquidity
Quick ratio8.76.212.88.713.8
Current ratio9.26.513.99.314.9
Cash and cash equivalents1 566.981 852.61266.181 254.091 114.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:36.4%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.7%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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