Vedel Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vedel Group ApS
Vedel Group ApS (CVR number: 42752568) is a company from VIBORG. The company recorded a gross profit of 176.1 kDKK in 2023. The operating profit was -4.3 kDKK, while net earnings were -0.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Vedel Group ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 48.58 | 176.07 |
EBIT | 21.46 | -4.31 |
Net earnings | 15.56 | -0.13 |
Shareholders equity total | 55.56 | 55.43 |
Balance sheet total (assets) | 181.70 | 169.78 |
Net debt | 14.86 | -0.38 |
Profitability | ||
EBIT-% | ||
ROA | 11.9 % | 4.2 % |
ROE | 28.0 % | -0.2 % |
ROI | 26.8 % | 10.3 % |
Economic value added (EVA) | 16.74 | -6.81 |
Solvency | ||
Equity ratio | 30.6 % | 32.6 % |
Gearing | 37.4 % | |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 0.5 | 0.7 |
Current ratio | 0.5 | 0.7 |
Cash and cash equivalents | 5.91 | 0.38 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BBB | BB |
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