VEJLEFJORD-FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEJLEFJORD-FONDEN
VEJLEFJORD-FONDEN (CVR number: 13909644) is a company from HEDENSTED. The company recorded a gross profit of -66.2 kDKK in 2023. The operating profit was -92.4 kDKK, while net earnings were 19.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VEJLEFJORD-FONDEN's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 21.75 | - 145.65 | -61.84 | -51.13 | -66.24 |
EBIT | -89.79 | - 398.72 | -87.57 | -76.88 | -92.38 |
Net earnings | 12 112.31 | 6 354.96 | 15 300.77 | 23 121.49 | 19 260.67 |
Shareholders equity total | 32 487.61 | 37 754.56 | 60 508.10 | 105 131.11 | 121 649.87 |
Balance sheet total (assets) | 34 450.90 | 41 552.00 | 64 275.07 | 106 122.20 | 122 427.58 |
Net debt | 1 266.11 | 3 669.93 | 3 680.09 | - 346.34 | - 478.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 41.4 % | 22.7 % | 29.3 % | 27.8 % | 16.9 % |
ROE | 43.2 % | 18.1 % | 31.1 % | 27.9 % | 17.0 % |
ROI | 41.8 % | 22.9 % | 29.3 % | 28.0 % | 17.0 % |
Economic value added (EVA) | 257.23 | 431.28 | 1 081.18 | 2 262.96 | 4 253.70 |
Solvency | |||||
Equity ratio | 98.6 % | 90.9 % | 94.1 % | 99.1 % | 99.4 % |
Gearing | 4.6 % | 9.8 % | 6.1 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 4.4 | 2.0 | 1.7 | 2.1 |
Current ratio | 2.7 | 4.4 | 2.0 | 1.7 | 2.1 |
Cash and cash equivalents | 218.89 | 23.07 | 12.91 | 346.34 | 480.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
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