VEARS ApS — Credit Rating and Financial Key Figures

VEARS ApS (CVR number: 30206525) is a company from VEJLE. The company recorded a gross profit of 1378.2 kDKK in 2023. The operating profit was 172.5 kDKK, while net earnings were 156.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32 %, which can be considered excellent and Return on Equity (ROE) was 103.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.1 %, 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. VEARS ApS's liquidity measured by quick ratio was 1.3 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.