VENTURE MIDT/VEST A/S — Credit Rating and Financial Key Figures

CVR number: 29323569
Dalgasgade 25, 7400 Herning

Credit rating

Company information

Official name
VENTURE MIDT/VEST A/S
Personnel
1 person
Established
2006
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About VENTURE MIDT/VEST A/S

VENTURE MIDT/VEST A/S (CVR number: 29323569) is a company from HERNING. The company recorded a gross profit of -79.5 kDKK in 2023. The operating profit was -159.5 kDKK, while net earnings were 18.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 133.7 %, which can be considered excellent and Return on Equity (ROE) was 134.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VENTURE MIDT/VEST A/S's liquidity measured by quick ratio was 227.3 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
20192020202120222023
Volume
Net sales
Gross profit-35.89-44.22-73.29-77.11-79.50
EBIT- 135.89- 144.22- 123.29- 127.11- 159.50
Net earnings-45.905 019.297 846.725 978.0418 858.54
Shareholders equity total20 789.7824 859.0621 589.1119 833.818 242.35
Balance sheet total (assets)21 603.9724 882.2921 626.5019 879.698 277.97
Net debt-79.78-1 569.57-1 074.63- 672.08- 375.98
Profitability
EBIT-%
ROA-0.3 %21.7 %33.7 %28.7 %133.7 %
ROE-0.2 %22.0 %33.8 %28.9 %134.3 %
ROI-0.3 %21.7 %33.8 %28.8 %134.1 %
Economic value added (EVA)54.8724.47120.43-14.11- 123.99
Solvency
Equity ratio96.2 %99.9 %99.8 %99.8 %99.6 %
Gearing3.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.174.729.515.0227.3
Current ratio1.174.729.515.0227.3
Cash and cash equivalents879.781 569.571 074.63672.08375.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:133.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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