VetNet International ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 405.46 | 417.41 | 479.36 | 371.38 | 186.97 |
EBIT | 186.72 | 198.67 | 260.62 | - 575.29 | - 218.74 |
Net earnings | 140.52 | 151.58 | 210.63 | - 578.42 | - 212.17 |
Shareholders equity total | 733.61 | 885.19 | 1 095.83 | 517.40 | 305.23 |
Balance sheet total (assets) | 1 587.68 | 1 487.88 | 1 451.41 | 909.33 | 440.51 |
Net debt | 452.81 | -0.94 | -0.04 | -0.02 | -0.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.4 % | 13.4 % | 18.4 % | -45.4 % | -32.4 % |
ROE | 21.2 % | 18.7 % | 21.3 % | -71.7 % | -51.6 % |
ROI | 12.2 % | 16.0 % | 22.7 % | -55.9 % | -42.4 % |
Economic value added (EVA) | 115.84 | 117.83 | 158.84 | - 675.60 | - 237.75 |
Solvency | |||||
Equity ratio | 46.2 % | 59.5 % | 75.5 % | 56.9 % | 69.3 % |
Gearing | 62.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.6 | 9.1 | 1.9 | 5.4 |
Current ratio | 0.7 | 1.6 | 9.1 | 1.9 | 5.4 |
Cash and cash equivalents | 1.97 | 0.94 | 0.04 | 0.02 | 0.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
Variable visualization
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