Velo Vintage APS — Credit Rating and Financial Key Figures

Velo Vintage APS (CVR number: 38003569) is a company from GLADSAXE. The company recorded a gross profit of 314.6 kDKK in 2024. The operating profit was 44.9 kDKK, while net earnings were 32.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, 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 87.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Velo Vintage APS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.