VEERST ENTREPRENØRFORRETNING ApS — Credit Rating and Financial Key Figures

CVR number: 30354435
Drejervej 2, 6600 Vejen

Credit rating

Company information

Official name
VEERST ENTREPRENØRFORRETNING ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About VEERST ENTREPRENØRFORRETNING ApS

VEERST ENTREPRENØRFORRETNING ApS (CVR number: 30354435) is a company from VEJEN. The company recorded a gross profit of 406.7 kDKK in 2023. The operating profit was 130.4 kDKK, while net earnings were 66.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. VEERST ENTREPRENØRFORRETNING ApS's liquidity measured by quick ratio was 0.3 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
20192020202120222023
Volume
Net sales
Gross profit257.26451.25642.02490.13406.73
EBIT3.14106.64385.25224.56130.40
Net earnings-38.1746.94230.75144.2166.78
Shareholders equity total- 142.13-95.19135.56279.76346.54
Balance sheet total (assets)1 818.691 676.131 771.821 727.021 705.09
Net debt1 698.411 530.981 394.451 151.31989.45
Profitability
EBIT-%
ROA0.2 %5.7 %21.7 %12.9 %7.6 %
ROE-2.1 %2.7 %25.5 %69.4 %21.3 %
ROI0.2 %6.5 %25.1 %14.8 %8.6 %
Economic value added (EVA)-49.3326.04212.76113.2133.77
Solvency
Equity ratio-7.2 %-5.4 %7.7 %16.2 %20.3 %
Gearing-1205.1 %-1623.3 %1028.7 %444.2 %332.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.20.30.3
Current ratio0.10.00.20.30.3
Cash and cash equivalents14.3714.2391.39162.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.60%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.3%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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