VENG SYSTEM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VENG SYSTEM A/S
VENG SYSTEM A/S (CVR number: 32274838) is a company from SKIVE. The company recorded a gross profit of 6331.4 kDKK in 2024. The operating profit was -2751.3 kDKK, while net earnings were 763.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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. VENG SYSTEM A/S's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 448.93 | 8 103.42 | 4 011.54 | 4 949.72 | 6 331.43 |
EBIT | 3 616.68 | 2 737.72 | -1 782.21 | -1 381.78 | -2 751.33 |
Net earnings | 2 702.29 | 2 026.88 | -1 481.66 | -1 535.74 | 763.27 |
Shareholders equity total | 5 832.20 | 2 959.08 | 1 477.42 | -58.32 | 2 990.95 |
Balance sheet total (assets) | 15 948.28 | 11 370.08 | 12 014.32 | 18 702.53 | 14 076.99 |
Net debt | 1 349.87 | 4 871.73 | 6 270.56 | 13 539.99 | 5 772.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 27.7 % | 20.0 % | -15.2 % | -9.0 % | 13.7 % |
ROE | 60.3 % | 46.1 % | -66.8 % | -15.2 % | 7.0 % |
ROI | 45.6 % | 32.0 % | -21.6 % | -12.3 % | 19.8 % |
Economic value added (EVA) | 2 672.65 | 1 927.28 | -1 544.62 | -1 051.01 | -1 887.17 |
Solvency | |||||
Equity ratio | 36.6 % | 26.0 % | 13.0 % | -0.3 % | 22.6 % |
Gearing | 58.8 % | 164.6 % | 487.6 % | -23615.3 % | 194.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 0.8 | 0.6 | 1.3 | 0.6 |
Current ratio | 1.7 | 1.4 | 1.2 | 2.3 | 1.5 |
Cash and cash equivalents | 2 080.13 | 933.20 | 233.39 | 38.10 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BB | BBB |
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