VERITAS MANAGEMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VERITAS MANAGEMENT ApS
VERITAS MANAGEMENT ApS (CVR number: 33497350) is a company from AARHUS. The company recorded a gross profit of 77.9 kDKK in 2024. The operating profit was 13 kDKK, while net earnings were -5.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VERITAS MANAGEMENT ApS's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 102.53 | 85.44 | 234.25 | 518.14 | 77.87 |
EBIT | 48.82 | -26.81 | 176.26 | 455.36 | 12.97 |
Net earnings | -26.15 | -34.96 | 125.70 | 339.01 | -5.33 |
Shareholders equity total | - 187.54 | - 222.50 | -96.80 | 242.21 | 236.88 |
Balance sheet total (assets) | 100.95 | 97.66 | 271.27 | 767.40 | 557.83 |
Net debt | 180.99 | 151.17 | -71.75 | -28.10 | -61.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.9 % | -8.8 % | 51.2 % | 80.2 % | 2.0 % |
ROE | -11.2 % | -35.2 % | 68.1 % | 132.0 % | -2.2 % |
ROI | 3.8 % | -13.5 % | 93.6 % | 153.9 % | 3.2 % |
Economic value added (EVA) | 46.76 | -27.03 | 131.04 | 342.13 | -8.16 |
Solvency | |||||
Equity ratio | -65.0 % | -69.5 % | -26.3 % | 31.6 % | 42.5 % |
Gearing | -102.3 % | -92.3 % | -177.1 % | 73.6 % | 73.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.2 | 0.7 | 1.4 | 1.7 |
Current ratio | 0.3 | 0.2 | 0.7 | 1.4 | 1.7 |
Cash and cash equivalents | 10.88 | 54.20 | 243.21 | 206.35 | 235.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
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