Veo Technologies ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Veo Technologies ApS
Veo Technologies ApS (CVR number: 37240834K) is a company from KØBENHAVN. The company reported a net sales of 505.3 mDKK in 2024, demonstrating a growth of 32.6 % compared to the previous year. The operating profit percentage was poor at -8.2 % (EBIT: -41.5 mDKK), while net earnings were -45.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -20 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Veo Technologies ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 381 136.00 | 505 297.00 | |||
Gross profit | 90 033.00 | 277 352.00 | |||
EBIT | -29 819.00 | -96 238.00 | - 204 771.00 | - 170 519.00 | -41 524.00 |
Net earnings | -29 617.00 | -97 617.00 | - 207 047.00 | - 158 278.00 | -45 556.00 |
Shareholders equity total | 158 417.00 | 60 904.00 | 408 091.00 | 249 497.00 | 206 821.00 |
Balance sheet total (assets) | 221 536.00 | 257 589.00 | 648 525.00 | 535 875.00 | 549 582.00 |
Net debt | - 314 145.00 | - 265 747.00 | |||
Profitability | |||||
EBIT-% | -44.7 % | -8.2 % | |||
ROA | -22.6 % | -40.2 % | -45.2 % | -26.6 % | -4.9 % |
ROE | -31.5 % | -89.0 % | -88.3 % | -48.1 % | -20.0 % |
ROI | -22.6 % | -40.2 % | -45.2 % | -31.1 % | -6.8 % |
Economic value added (EVA) | -31 321.93 | - 104 198.45 | - 207 831.43 | - 188 293.75 | -58 653.16 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 46.6 % | 37.6 % |
Gearing | 15.0 % | 13.0 % | |||
Relative net indebtedness % | -20.5 % | 8.0 % | |||
Liquidity | |||||
Quick ratio | 1.6 | 1.1 | |||
Current ratio | 1.7 | 1.2 | |||
Cash and cash equivalents | 351 605.00 | 292 540.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.7 | 7.4 | |||
Net working capital % | 42.0 % | 13.0 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BBB |
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