VEJEN VAND A/S — Credit Rating and Financial Key Figures

CVR number: 35244824
Gormsvej 7, 6600 Vejen

Credit rating

Company information

Official name
VEJEN VAND A/S
Established
2013
Company form
Limited company
Industry
  • Expand more icon36Water collection, treatment and supply

About VEJEN VAND A/S

VEJEN VAND A/S (CVR number: 35244824) is a company from VEJEN. The company reported a net sales of 9.7 mDKK in 2023, demonstrating a decline of -15.5 % compared to the previous year. The operating profit percentage was poor at -23.3 % (EBIT: -2.2 mDKK), while net earnings were -959 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VEJEN VAND A/S's liquidity measured by quick ratio was 5.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales8 648.008 993.0010 673.0011 448.009 668.00
Gross profit-33.001 721.003 119.003 046.00- 422.00
EBIT- 976.00984.002 163.002 136.00-2 250.00
Net earnings-1 165.00625.001 851.001 867.00- 959.00
Shareholders equity total141 610.00142 235.00144 086.00145 953.00144 994.00
Balance sheet total (assets)183 724.00183 788.00183 032.00183 826.00179 345.00
Net debt39 021.0035 983.0038 119.0035 829.0030 209.00
Profitability
EBIT-%-11.3 %10.9 %20.3 %18.7 %-23.3 %
ROA-0.5 %0.5 %1.2 %1.3 %-0.1 %
ROE-0.8 %0.4 %1.3 %1.3 %-0.7 %
ROI-0.5 %0.6 %1.2 %1.3 %-0.1 %
Economic value added (EVA)-10 071.55-7 959.50-6 666.73-6 897.54-11 314.75
Solvency
Equity ratio77.1 %77.4 %78.7 %79.4 %80.8 %
Gearing28.9 %27.8 %26.5 %24.5 %21.1 %
Relative net indebtedness %465.4 %423.3 %364.7 %312.4 %300.7 %
Liquidity
Quick ratio1.01.11.76.55.2
Current ratio1.01.11.76.55.3
Cash and cash equivalents1 863.003 488.0019.00382.00
Capital use efficiency
Trade debtors turnover (days)4.451.12.73.2
Net working capital %-0.3 %4.2 %21.0 %64.0 %49.5 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:-0.10%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.8%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Board member
Chief executive officer
Board member

Companies in the same industry

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