VEL HOLDING AF 1. MAJ 2007 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEL HOLDING AF 1. MAJ 2007 ApS
VEL HOLDING AF 1. MAJ 2007 ApS (CVR number: 30583582) is a company from AARHUS. The company reported a net sales of 5.6 mDKK in 2024, demonstrating a growth of -2649.7 % compared to the previous year. The operating profit percentage was at 99.9 % (EBIT: 5.6 mDKK), while net earnings were 5638.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 92.9 %, which can be considered excellent and Return on Equity (ROE) was 382.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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. VEL HOLDING AF 1. MAJ 2007 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 734.54 | - 333.06 | - 120.84 | - 221.24 | 5 641.02 |
Gross profit | 727.04 | - 340.56 | - 128.34 | - 228.74 | 5 633.52 |
EBIT | 727.04 | - 340.56 | - 128.34 | - 228.74 | 5 633.52 |
Net earnings | 745.02 | - 313.67 | - 112.12 | - 212.53 | 5 638.54 |
Shareholders equity total | -2 124.24 | -2 437.91 | -2 550.03 | -2 762.56 | 2 875.98 |
Balance sheet total (assets) | 669.40 | 333.38 | 200.52 | 69.95 | 9 424.71 |
Net debt | 2 398.53 | 2 289.28 | 2 308.49 | 2 379.53 | 2 396.68 |
Profitability | |||||
EBIT-% | 99.0 % | 99.9 % | |||
ROA | 31.5 % | -8.2 % | -0.6 % | -4.1 % | 92.9 % |
ROE | 174.5 % | -62.6 % | -42.0 % | -157.2 % | 382.8 % |
ROI | 33.0 % | -8.5 % | -0.7 % | -4.2 % | 102.3 % |
Economic value added (EVA) | 723.52 | - 371.59 | - 146.10 | - 238.90 | 5 634.16 |
Solvency | |||||
Equity ratio | -76.0 % | -88.0 % | -92.7 % | -97.5 % | 30.5 % |
Gearing | -112.9 % | -93.9 % | -90.5 % | -86.1 % | 187.6 % |
Relative net indebtedness % | 350.0 % | -698.6 % | -1953.3 % | -1111.4 % | 61.2 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.1 | 0.1 | 0.0 | 0.6 |
Current ratio | 0.3 | 0.1 | 0.1 | 0.0 | 0.6 |
Cash and cash equivalents | 3 000.00 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -258.8 % | 598.5 % | 1787.4 % | 1079.8 % | -42.6 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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