VEJRUP MASKINFABRIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEJRUP MASKINFABRIK A/S
VEJRUP MASKINFABRIK A/S (CVR number: 14351205) is a company from ESBJERG. The company recorded a gross profit of 2.2 kDKK in 2023. The operating profit was -348 kDKK, while net earnings were -274.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.4 %, which can be considered poor and Return on Equity (ROE) was -23.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VEJRUP MASKINFABRIK A/S's liquidity measured by quick ratio was 3.5 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 | 867.00 | 893.46 | 1 530.05 | 620.33 | 2.22 |
EBIT | 44.00 | 166.42 | 761.42 | 250.01 | - 348.01 |
Net earnings | 27.00 | 114.00 | 583.17 | 190.19 | - 274.92 |
Shareholders equity total | 1 209.00 | 1 323.62 | 1 806.79 | 1 396.98 | 922.06 |
Balance sheet total (assets) | 1 912.00 | 2 006.02 | 2 401.09 | 2 320.06 | 1 244.42 |
Net debt | -1 046.00 | - 677.87 | -1 016.48 | -1 251.89 | - 454.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | 8.5 % | 34.7 % | 10.8 % | -19.4 % |
ROE | 2.1 % | 9.0 % | 37.3 % | 11.9 % | -23.7 % |
ROI | 2.8 % | 10.9 % | 44.8 % | 13.2 % | -21.9 % |
Economic value added (EVA) | 32.89 | 132.73 | 575.04 | 154.70 | - 246.83 |
Solvency | |||||
Equity ratio | 63.2 % | 66.0 % | 75.2 % | 60.2 % | 74.1 % |
Gearing | 19.1 % | 21.3 % | 45.6 % | 22.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 2.5 | 3.6 | 2.2 | 3.5 |
Current ratio | 2.6 | 2.8 | 3.9 | 2.5 | 3.9 |
Cash and cash equivalents | 1 277.00 | 959.36 | 1 016.48 | 1 889.40 | 662.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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