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 icon649990

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 -33.2 kDKK in 2024. The operating profit was -43.2 kDKK, while net earnings were -43 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, 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 487.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-44.22-73.29-77.11-79.50-33.21
EBIT- 144.22- 123.29- 127.11- 159.50-43.21
Net earnings5 019.297 846.725 978.0418 858.54-42.96
Shareholders equity total24 859.0621 589.1119 833.818 242.358 199.39
Balance sheet total (assets)24 882.2921 626.5019 879.698 277.978 215.95
Net debt-1 569.57-1 074.63- 672.08- 375.98- 350.49
Profitability
EBIT-%
ROA21.7 %33.7 %28.7 %133.7 %-0.6 %
ROE22.0 %33.8 %28.9 %134.3 %-0.5 %
ROI21.7 %33.8 %28.8 %134.1 %-0.6 %
Economic value added (EVA)24.47120.43-14.11- 123.99-1 549.94
Solvency
Equity ratio99.9 %99.8 %99.8 %99.6 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio74.729.515.0227.3487.1
Current ratio74.729.515.0227.3487.1
Cash and cash equivalents1 569.571 074.63672.08375.98350.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-0.57%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-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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