VERITAS MANAGEMENT ApS — Credit Rating and Financial Key Figures

CVR number: 33497350
Hørretløkken 339, 8320 Mårslet

Credit rating

Company information

Official name
VERITAS MANAGEMENT ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About VERITAS MANAGEMENT ApS

VERITAS MANAGEMENT ApS (CVR number: 33497350) is a company from AARHUS. The company recorded a gross profit of 518.1 kDKK in 2023. The operating profit was 455.4 kDKK, while net earnings were 339 kDKK. The profitability of the company measured by Return on Assets (ROA) was 80.2 %, which can be considered excellent and Return on Equity (ROE) was 132 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.6 %, 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. VERITAS MANAGEMENT ApS's liquidity measured by quick ratio was 1.4 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
20192020202120222023
Volume
Net sales
Gross profit554.52102.5385.44234.25518.14
EBIT375.8848.82-26.81176.26455.36
Net earnings-1 589.26-26.15-34.96125.70339.01
Shareholders equity total-1 261.39- 187.54- 222.50-96.80242.21
Balance sheet total (assets)366.71100.9597.66271.27767.40
Net debt1 344.23180.99151.17-71.75-28.10
Profitability
EBIT-%
ROA136.3 %9.9 %-8.8 %51.2 %80.2 %
ROE-457.6 %-11.2 %-35.2 %68.1 %132.0 %
ROI-95.7 %3.8 %-13.5 %93.6 %153.9 %
Economic value added (EVA)427.27119.21-16.84144.09362.97
Solvency
Equity ratio-77.5 %-65.0 %-69.5 %-26.3 %31.6 %
Gearing-110.4 %-102.3 %-92.3 %-177.1 %73.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.20.71.4
Current ratio0.20.30.20.71.4
Cash and cash equivalents48.7810.8854.20243.21206.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:80.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.6%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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