Vennelyst Ingeniør- og Entreprenørforretning A/S — Credit Rating and Financial Key Figures

CVR number: 41416556
Hedevold 8 A, 9800 Hjørring

Credit rating

Company information

Official name
Vennelyst Ingeniør- og Entreprenørforretning A/S
Personnel
243 persons
Established
2020
Company form
Limited company
Industry

About Vennelyst Ingeniør- og Entreprenørforretning A/S

Vennelyst Ingeniør- og Entreprenørforretning A/S (CVR number: 41416556) is a company from HJØRRING. The company recorded a gross profit of 170.1 mDKK in 2023. The operating profit was 37.9 mDKK, while net earnings were 28.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 23.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Vennelyst Ingeniør- og Entreprenørforretning A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit151 478.40170 134.02
EBIT26 515.0028 133.0028 578.7937 895.97
Net earnings21 723.0023 562.0021 915.7028 229.18
Shareholders equity total206 489.00130 051.00121 966.81120 195.98
Balance sheet total (assets)268 296.00191 311.00214 772.87206 450.89
Net debt-12 601.4929 250.58
Profitability
EBIT-%
ROA9.9 %12.2 %14.1 %18.2 %
ROE10.5 %14.0 %17.4 %23.3 %
ROI9.9 %12.2 %16.4 %23.2 %
Economic value added (EVA)26 515.0017 756.9315 860.0625 385.29
Solvency
Equity ratio100.0 %100.0 %59.8 %58.3 %
Gearing22.4 %30.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.1
Current ratio1.11.1
Cash and cash equivalents39 947.807 825.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:18.2%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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