VEMCO HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32278108
Langesøvej 1, Erritsø 7000 Fredericia
at@vemcogroup.com
tel: 21838053

Credit rating

Company information

Official name
VEMCO HOLDING ApS
Established
2009
Domicile
Erritsø
Company form
Private limited company
Industry

About VEMCO HOLDING ApS

VEMCO HOLDING ApS (CVR number: 32278108) is a company from FREDERICIA. The company recorded a gross profit of 791.7 kDKK in 2023. The operating profit was 698.4 kDKK, while net earnings were -1633.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -21.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.8 %, 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. VEMCO HOLDING ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit421.09544.70618.55636.73791.70
EBIT328.50451.40525.25543.42698.39
Net earnings246.401 848.652 350.75-28.30-1 633.27
Shareholders equity total5 989.237 727.289 678.028 549.736 798.66
Balance sheet total (assets)12 097.9713 585.1515 318.5815 716.1514 955.23
Net debt5 560.825 013.774 065.976 091.686 960.12
Profitability
EBIT-%
ROA4.3 %16.5 %18.7 %4.8 %-7.9 %
ROE4.2 %27.0 %27.0 %-0.3 %-21.3 %
ROI4.4 %17.1 %19.7 %5.0 %-8.1 %
Economic value added (EVA)-41.18-33.1077.94254.11215.95
Solvency
Equity ratio49.8 %57.0 %63.5 %54.7 %45.8 %
Gearing92.8 %64.9 %48.0 %75.6 %109.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.71.40.80.4
Current ratio0.20.71.30.70.4
Cash and cash equivalents577.94373.24458.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-7.89%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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