VEJEN TRÆLASTHANDEL A/S — Credit Rating and Financial Key Figures

CVR number: 29845999
Torvet 6, 6600 Vejen
jr@johnravn.dk
tel: 40335630

Company information

Official name
VEJEN TRÆLASTHANDEL A/S
Personnel
3 persons
Established
2006
Company form
Limited company
Industry

About VEJEN TRÆLASTHANDEL A/S

VEJEN TRÆLASTHANDEL A/S (CVR number: 29845999) is a company from VEJEN. The company recorded a gross profit of 5075.8 kDKK in 2023. The operating profit was 3384.3 kDKK, while net earnings were 2729.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.5 %, 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. VEJEN TRÆLASTHANDEL A/S's liquidity measured by quick ratio was 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 730.144 006.254 857.324 414.975 075.83
EBIT2 280.382 092.333 382.542 529.033 384.29
Net earnings1 789.781 534.632 612.332 008.842 729.43
Shareholders equity total23 727.9025 262.5327 874.8629 883.7032 613.13
Balance sheet total (assets)45 675.8043 163.2739 930.4342 136.2643 173.27
Net debt20 193.9114 271.679 304.349 565.867 442.18
Profitability
EBIT-%
ROA6.1 %5.2 %8.6 %6.6 %8.8 %
ROE7.8 %6.3 %9.8 %7.0 %8.7 %
ROI6.4 %5.4 %8.9 %6.7 %8.9 %
Economic value added (EVA)684.62439.921 378.28575.511 153.56
Solvency
Equity ratio51.9 %58.5 %69.8 %70.9 %75.5 %
Gearing85.1 %57.2 %33.7 %33.1 %22.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.30.61.0
Current ratio0.20.20.30.61.0
Cash and cash equivalents4.57177.2979.16315.1938.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:8.82%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.5%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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