VENG SYSTEM A/S — Credit Rating and Financial Key Figures

CVR number: 32274838
Nautrup Møllevej 22, 7870 Roslev
vengsystem@vengsystem.dk
tel: 97592096

Credit rating

Company information

Official name
VENG SYSTEM A/S
Personnel
17 persons
Established
2009
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About VENG SYSTEM A/S

VENG SYSTEM A/S (CVR number: 32274838) is a company from SKIVE. The company recorded a gross profit of 4680.8 kDKK in 2023. The operating profit was -1381.8 kDKK, while net earnings were -1535.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -15.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VENG SYSTEM A/S's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 517.088 448.938 103.424 011.544 680.79
EBIT843.083 616.682 737.72-1 782.21-1 381.78
Net earnings602.752 702.292 026.88-1 481.66-1 535.74
Shareholders equity total3 129.915 832.202 959.081 477.42-58.32
Balance sheet total (assets)10 164.9615 948.2811 370.0812 014.3218 702.53
Net debt3 037.031 349.874 871.736 270.5613 539.99
Profitability
EBIT-%
ROA8.8 %27.7 %20.0 %-15.2 %-9.0 %
ROE21.3 %60.3 %46.1 %-66.8 %-15.2 %
ROI14.1 %45.6 %32.0 %-21.6 %-12.3 %
Economic value added (EVA)557.872 672.651 927.28-1 544.62-1 051.01
Solvency
Equity ratio30.8 %36.6 %26.0 %13.0 %-0.3 %
Gearing110.7 %58.8 %164.6 %487.6 %-23615.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.20.80.60.5
Current ratio1.51.71.41.21.0
Cash and cash equivalents428.492 080.13933.20233.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-8.98%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-0.31%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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