VELSIG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VELSIG A/S
VELSIG A/S (CVR number: 24212769) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -1531 kDKK in 2024. The operating profit was -3301.9 kDKK, while net earnings were 9650.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VELSIG A/S's liquidity measured by quick ratio was 9.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -2 312.00 | 65.00 | |||
Gross profit | -3 618.00 | -1 330.00 | -1 263.76 | -1 279.96 | -1 531.02 |
EBIT | -4 358.00 | -1 854.00 | -1 942.92 | -2 071.74 | -3 301.85 |
Net earnings | 4 473.00 | 13 319.00 | -22 260.75 | 10 183.48 | 9 650.65 |
Shareholders equity total | 152 402.00 | 160 720.00 | 133 460.17 | 139 643.65 | 144 294.30 |
Balance sheet total (assets) | 164 262.00 | 171 751.00 | 144 989.51 | 153 865.80 | 159 556.32 |
Net debt | - 139 032.00 | - 149 950.00 | - 127 004.17 | - 134 990.64 | - 137 729.57 |
Profitability | |||||
EBIT-% | -2852.3 % | ||||
ROA | 3.9 % | 10.5 % | 0.3 % | 8.4 % | 8.3 % |
ROE | 2.9 % | 8.5 % | -15.1 % | 7.5 % | 6.8 % |
ROI | 3.9 % | 10.7 % | 0.3 % | 8.9 % | 8.9 % |
Economic value added (EVA) | -11 189.89 | -9 547.43 | -10 374.82 | -8 943.20 | -10 399.69 |
Solvency | |||||
Equity ratio | 92.8 % | 93.6 % | 92.0 % | 90.8 % | 90.4 % |
Gearing | 6.1 % | 4.6 % | 2.4 % | 3.0 % | 3.0 % |
Relative net indebtedness % | 5903.7 % | -224980.0 % | |||
Liquidity | |||||
Quick ratio | 12.6 | 14.3 | 11.3 | 9.8 | 9.3 |
Current ratio | 12.6 | 14.3 | 11.3 | 9.8 | 9.3 |
Cash and cash equivalents | 148 347.00 | 157 266.00 | 130 173.58 | 139 232.10 | 142 127.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 94.9 % | -15132.3 % | |||
Credit risk | |||||
Credit rating | A | AA | BBB | A | A |
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