VELT ApS — Credit Rating and Financial Key Figures

CVR number: 34588252
Thorupgård Allé 49, 2720 Vanløse
info@velt.dk
tel: 31404411

Company information

Official name
VELT ApS
Personnel
6 persons
Established
2012
Company form
Private limited company
Industry

About VELT ApS

VELT ApS (CVR number: 34588252) is a company from KØBENHAVN. The company recorded a gross profit of 2837.9 kDKK in 2023. The operating profit was 382.8 kDKK, while net earnings were 286 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VELT ApS's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales5 410.09
Gross profit2 930.223 628.662 034.192 514.062 837.86
EBIT311.04586.3538.32507.24382.79
Net earnings240.98449.811.54365.06285.98
Shareholders equity total672.911 014.72516.26881.311 167.29
Balance sheet total (assets)1 864.412 601.631 427.741 357.632 221.29
Net debt-1 219.27-1 704.12- 952.20- 981.39-1 827.59
Profitability
EBIT-%5.7 %
ROA19.5 %26.3 %1.9 %36.4 %21.5 %
ROE43.6 %53.3 %0.2 %52.2 %27.9 %
ROI55.4 %69.1 %5.0 %72.3 %37.5 %
Economic value added (EVA)252.04484.1261.85392.47289.33
Solvency
Equity ratio36.1 %39.0 %36.2 %64.9 %52.6 %
Gearing0.5 %0.3 %0.2 %
Relative net indebtedness %-0.7 %
Liquidity
Quick ratio1.11.41.42.82.1
Current ratio1.11.41.42.82.1
Cash and cash equivalents1 219.271 704.12954.86984.061 830.25
Capital use efficiency
Trade debtors turnover (days)8.6
Net working capital %3.0 %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:21.5%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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