VetNet International ApS — Credit Rating and Financial Key Figures

CVR number: 29520356
Næstvedgade 28, 2100 København Ø
Frederik@Korsgaardconsulting.com
tel: 53561468
Free credit report Annual report

Credit rating

Company information

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

About VetNet International ApS

VetNet International ApS (CVR number: 29520356) is a company from KØBENHAVN. The company recorded a gross profit of 422.4 kDKK in 2024. The operating profit was -58.6 kDKK, while net earnings were -49.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -17.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. VetNet International ApS's liquidity measured by quick ratio was 1.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit417.41479.36371.38186.97422.40
EBIT198.67260.62- 575.29- 218.74-58.60
Net earnings151.58210.63- 578.42- 212.17-49.71
Shareholders equity total885.191 095.83517.40305.23255.52
Balance sheet total (assets)1 487.881 451.41909.33440.51656.36
Net debt-0.94-0.04-0.02-0.02- 404.66
Profitability
EBIT-%
ROA13.4 %18.4 %-45.4 %-32.4 %-10.5 %
ROE18.7 %21.3 %-71.7 %-51.6 %-17.7 %
ROI16.0 %22.7 %-55.9 %-42.4 %-16.8 %
Economic value added (EVA)81.18147.50- 684.47- 244.20-68.98
Solvency
Equity ratio59.5 %75.5 %56.9 %69.3 %38.9 %
Gearing3.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.69.11.91.41.5
Current ratio1.69.11.91.41.5
Cash and cash equivalents0.940.040.020.02414.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-10.5%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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