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

CVR number: 35244824
Gormsvej 7, 6600 Vejen
Free credit report Annual report

Company information

Official name
VEJEN VAND A/S
Established
2013
Company form
Limited company
Industry

About VEJEN VAND A/S

VEJEN VAND A/S (CVR number: 35244824) is a company from VEJEN. The company reported a net sales of 10.7 mDKK in 2024, demonstrating a growth of 11.2 % compared to the previous year. The operating profit percentage was at 5 % (EBIT: 0.5 mDKK), while net earnings were -147 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 82 %, 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 0.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales8 993.0010 673.0011 448.009 668.0010 748.00
Gross profit1 721.003 119.003 046.00- 422.002 257.00
EBIT984.002 163.002 136.00-2 250.00534.00
Net earnings625.001 851.001 867.00- 959.00- 147.00
Shareholders equity total142 235.00144 086.00145 953.00144 994.00144 847.00
Balance sheet total (assets)183 788.00183 032.00183 826.00179 345.00176 613.00
Net debt35 983.0038 119.0035 829.0030 209.0028 054.00
Profitability
EBIT-%10.9 %20.3 %18.7 %-23.3 %5.0 %
ROA0.5 %1.2 %1.3 %-0.1 %0.4 %
ROE0.4 %1.3 %1.3 %-0.7 %-0.1 %
ROI0.6 %1.2 %1.3 %-0.1 %0.4 %
Economic value added (EVA)-8 186.32-6 967.73-7 020.76-11 490.27-8 289.15
Solvency
Equity ratio77.4 %78.7 %79.4 %80.8 %82.0 %
Gearing27.8 %26.5 %24.5 %21.1 %19.6 %
Relative net indebtedness %423.3 %364.7 %312.4 %351.4 %292.5 %
Liquidity
Quick ratio1.11.76.51.00.8
Current ratio1.11.76.51.00.8
Cash and cash equivalents3 488.0019.00382.00326.00
Capital use efficiency
Trade debtors turnover (days)51.12.73.24.3
Net working capital %4.2 %21.0 %64.0 %-1.1 %-8.1 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:0.36%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.0%
Rating: 61/100
-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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