VEA ApS — Credit Rating and Financial Key Figures

CVR number: 51601017
Horsensvej 72 A, 7100 Vejle
tel: 33314622

Company information

Official name
VEA ApS
Personnel
11 persons
Established
1975
Company form
Private limited company
Industry

About VEA ApS

VEA ApS (CVR number: 51601017) is a company from VEJLE. The company recorded a gross profit of -763.7 kDKK in 2023. The operating profit was -6312.5 kDKK, while net earnings were -4961.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.8 %, which can be considered poor and Return on Equity (ROE) was -44.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.4 %, 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. VEA ApS's liquidity measured by quick ratio was 4.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 147.01582.00646.001 052.00- 763.73
EBIT-5 472.01-7 679.00-11 560.00-10 871.00-6 312.45
Net earnings-4 303.77-6 078.00-9 042.00-8 542.00-4 961.90
Shareholders equity total7 196.2311 118.0012 076.0013 534.008 571.33
Balance sheet total (assets)9 436.1216 274.0015 210.0017 512.0011 684.66
Net debt1 055.283 410.002 041.002 560.002 621.69
Profitability
EBIT-%
ROA-68.1 %-59.3 %-72.0 %-65.6 %-41.8 %
ROE-67.8 %-66.4 %-78.0 %-66.7 %-44.9 %
ROI-76.4 %-64.9 %-77.9 %-70.8 %-44.6 %
Economic value added (EVA)-4 528.29-6 456.81-9 690.08-9 182.52-5 705.89
Solvency
Equity ratio76.3 %68.3 %79.4 %77.3 %73.4 %
Gearing17.2 %30.7 %17.0 %19.2 %30.7 %
Relative net indebtedness %
Liquidity
Quick ratio7.33.95.74.94.1
Current ratio9.24.35.94.94.1
Cash and cash equivalents179.018.008.0045.007.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-41.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.4%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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