VetNet International ApS — Credit Rating and Financial Key Figures

CVR number: 29520356
Langebjerg 1, 4000 Roskilde
ata@tang.nu
tel: 30765123
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Company information

Official name
VetNet International ApS
Established
2006
Company form
Private limited company
Industry

About VetNet International ApS

VetNet International ApS (CVR number: 29520356) is a company from ROSKILDE. The company recorded a gross profit of 187 kDKK in 2023. The operating profit was -218.7 kDKK, while net earnings were -212.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.4 %, which can be considered poor and Return on Equity (ROE) was -51.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.3 %, 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. VetNet International ApS's liquidity measured by quick ratio was 5.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit405.46417.41479.36371.38186.97
EBIT186.72198.67260.62- 575.29- 218.74
Net earnings140.52151.58210.63- 578.42- 212.17
Shareholders equity total733.61885.191 095.83517.40305.23
Balance sheet total (assets)1 587.681 487.881 451.41909.33440.51
Net debt452.81-0.94-0.04-0.02-0.02
Profitability
EBIT-%
ROA11.4 %13.4 %18.4 %-45.4 %-32.4 %
ROE21.2 %18.7 %21.3 %-71.7 %-51.6 %
ROI12.2 %16.0 %22.7 %-55.9 %-42.4 %
Economic value added (EVA)115.84117.83158.84- 675.60- 237.75
Solvency
Equity ratio46.2 %59.5 %75.5 %56.9 %69.3 %
Gearing62.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.69.11.95.4
Current ratio0.71.69.11.95.4
Cash and cash equivalents1.970.940.040.020.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-32.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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