VENTURE MIDT/VEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
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 | -45.90 | 5 019.29 | 7 846.72 | 5 978.04 | 18 858.54 |
Shareholders equity total | 20 789.78 | 24 859.06 | 21 589.11 | 19 833.81 | 8 242.35 |
Balance sheet total (assets) | 21 603.97 | 24 882.29 | 21 626.50 | 19 879.69 | 8 277.97 |
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) | 54.87 | 24.47 | 120.43 | -14.11 | - 123.99 |
Solvency | |||||
Equity ratio | 96.2 % | 99.9 % | 99.8 % | 99.8 % | 99.6 % |
Gearing | 3.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 74.7 | 29.5 | 15.0 | 227.3 |
Current ratio | 1.1 | 74.7 | 29.5 | 15.0 | 227.3 |
Cash and cash equivalents | 879.78 | 1 569.57 | 1 074.63 | 672.08 | 375.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | BBB |
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