VEMMENÆS FÆRGEGÅRD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEMMENÆS FÆRGEGÅRD ApS
VEMMENÆS FÆRGEGÅRD ApS (CVR number: 31173388) is a company from SVENDBORG. The company recorded a gross profit of 1820.7 kDKK in 2023. The operating profit was 670.7 kDKK, while net earnings were -98 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VEMMENÆS FÆRGEGÅRD ApS's liquidity measured by quick ratio was 3.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 849.82 | 1 137.93 | 1 551.94 | 1 089.53 | 1 820.74 |
EBIT | 1 320.96 | 551.68 | 668.74 | - 273.92 | 670.73 |
Net earnings | 975.58 | 335.38 | 289.04 | - 551.82 | -98.02 |
Shareholders equity total | 16 642.58 | 16 977.95 | 17 266.99 | 31 715.17 | 31 617.14 |
Balance sheet total (assets) | 57 789.28 | 67 625.14 | 70 508.77 | 79 267.94 | 77 981.41 |
Net debt | 40 315.08 | 49 547.90 | 52 074.08 | 46 579.84 | 43 719.81 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.9 % | 1.2 % | 1.0 % | -0.4 % | 1.2 % |
ROE | 6.0 % | 2.0 % | 1.7 % | -2.3 % | -0.3 % |
ROI | 2.9 % | 1.2 % | 1.0 % | -0.4 % | 1.2 % |
Economic value added (EVA) | - 715.65 | -2 351.64 | -2 731.35 | -3 418.11 | -3 329.33 |
Solvency | |||||
Equity ratio | 28.8 % | 25.1 % | 24.5 % | 40.0 % | 40.5 % |
Gearing | 242.2 % | 292.3 % | 301.8 % | 147.0 % | 144.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.9 | 0.3 | 0.1 | 2.4 | 3.4 |
Current ratio | 5.0 | 0.4 | 0.1 | 2.4 | 3.4 |
Cash and cash equivalents | 84.49 | 31.38 | 50.61 | 2 000.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AA | A | AA |
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