VEITEX ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEITEX ApS
VEITEX ApS (CVR number: 35666826) is a company from HEDENSTED. The company recorded a gross profit of 110.2 kDKK in 2023. The operating profit was -60.4 kDKK, while net earnings were -53.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17 %, which can be considered poor and Return on Equity (ROE) was -31.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.2 %, 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. VEITEX ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 558.45 | 218.00 | 451.01 | 45.42 | 110.21 |
EBIT | 226.94 | - 111.94 | 83.15 | - 320.19 | -60.37 |
Net earnings | 175.60 | - 112.16 | 80.53 | - 299.96 | -53.85 |
Shareholders equity total | 531.24 | 419.07 | 499.61 | 199.65 | 145.80 |
Balance sheet total (assets) | 849.13 | 635.52 | 653.79 | 410.87 | 296.40 |
Net debt | - 396.37 | - 264.76 | - 371.80 | - 129.60 | -29.66 |
Profitability | |||||
EBIT-% | |||||
ROA | 30.1 % | -15.4 % | 12.6 % | -60.3 % | -17.0 % |
ROE | 39.6 % | -23.6 % | 17.5 % | -85.8 % | -31.2 % |
ROI | 37.1 % | -18.6 % | 14.9 % | -78.1 % | -27.0 % |
Economic value added (EVA) | 170.42 | - 105.80 | 80.90 | - 301.68 | -52.92 |
Solvency | |||||
Equity ratio | 62.6 % | 65.9 % | 76.4 % | 48.6 % | 49.2 % |
Gearing | 29.9 % | 26.1 % | 12.1 % | 31.5 % | 24.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.1 | 3.4 | 1.4 | 1.2 |
Current ratio | 2.2 | 2.3 | 3.8 | 1.6 | 1.5 |
Cash and cash equivalents | 555.11 | 374.17 | 432.40 | 192.51 | 65.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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