VEMCO GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 32076211
Røde Banke 77, Erritsø 7000 Fredericia

Credit rating

Company information

Official name
VEMCO GROUP A/S
Personnel
13 persons
Established
2009
Domicile
Erritsø
Company form
Limited company
Industry

About VEMCO GROUP A/S

VEMCO GROUP A/S (CVR number: 32076211) is a company from FREDERICIA. The company recorded a gross profit of 12.5 mDKK in 2023. The operating profit was 1475.3 kDKK, while net earnings were -2204.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -34.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. VEMCO GROUP A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit7 918.2412 231.6910 063.7013 414.9812 520.41
EBIT1 243.454 997.861 474.252 056.741 475.32
Net earnings468.822 356.443 447.91775.50-2 204.39
Shareholders equity total2 941.084 947.537 395.437 670.934 966.54
Balance sheet total (assets)9 484.4614 623.8313 032.4514 081.7617 993.93
Net debt3 024.25-1 665.79- 232.481 416.757 482.71
Profitability
EBIT-%
ROA11.6 %32.8 %28.8 %11.0 %-7.4 %
ROE10.7 %59.7 %55.9 %10.3 %-34.9 %
ROI14.7 %50.0 %41.2 %13.9 %-9.8 %
Economic value added (EVA)765.813 750.221 112.901 571.29958.33
Solvency
Equity ratio31.0 %33.9 %56.7 %54.5 %27.6 %
Gearing127.5 %70.6 %42.3 %39.4 %168.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.41.81.41.2
Current ratio2.01.72.01.71.7
Cash and cash equivalents725.505 158.253 361.021 605.14863.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-7.42%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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