Velosit Danmark ApS

CVR number: 41635576
Krøyer Kielbergs Vej 3, 8660 Skanderborg
kontakt@velosit.dk
tel: 28252023

Credit rating

Company information

Official name
Velosit Danmark ApS
Personnel
3 persons
Established
2020
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Velosit Danmark ApS

Velosit Danmark ApS (CVR number: 41635576) is a company from SKANDERBORG. The company recorded a gross profit of 2626.9 kDKK in 2023. The operating profit was 596.5 kDKK, while net earnings were 393.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent but Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -14 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Velosit Danmark ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit932.971 981.112 626.92
EBIT-1 210.59135.70596.55
Net earnings- 999.0344.16393.59
Shareholders equity total- 959.03- 914.87- 521.28
Balance sheet total (assets)1 910.442 277.343 204.42
Net debt1 508.131 637.861 114.46
Profitability
EBIT-%
ROA-42.2 %4.5 %17.3 %
ROE-52.3 %2.1 %14.4 %
ROI-69.2 %8.0 %36.9 %
Economic value added (EVA)- 953.03141.65489.60
Solvency
Equity ratio-33.4 %-28.7 %-14.0 %
Gearing-182.5 %-181.7 %-302.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.8
Current ratio1.41.31.3
Cash and cash equivalents241.8824.64460.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-14.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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