Vejlegade 26 Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vejlegade 26 Aps
Vejlegade 26 Aps (CVR number: 40181431) is a company from HILLERØD. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 51.3 % compared to the previous year. The operating profit percentage was at 33.9 % (EBIT: 0.1 mDKK), while net earnings were -240.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was -29.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Vejlegade 26 Aps's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 124.02 | 158.93 | 156.76 | 205.20 | 310.42 |
Gross profit | 8.34 | 28.63 | 30.37 | 67.53 | 120.04 |
EBIT | 6.79 | 26.80 | 28.54 | 55.15 | 105.24 |
Net earnings | 5.30 | 20.49 | 21.31 | -19.07 | - 240.22 |
Shareholders equity total | 55.30 | 75.80 | 97.11 | 78.04 | - 162.18 |
Balance sheet total (assets) | 657.88 | 684.66 | 1 103.56 | 1 609.35 | 1 529.76 |
Net debt | 529.87 | 501.67 | 857.62 | 1 344.90 | 1 601.39 |
Profitability | |||||
EBIT-% | 5.5 % | 16.9 % | 18.2 % | 26.9 % | 33.9 % |
ROA | 1.0 % | 4.0 % | 3.2 % | 4.1 % | 6.4 % |
ROE | 9.6 % | 31.3 % | 24.7 % | -21.8 % | -29.9 % |
ROI | 1.1 % | 4.1 % | 3.3 % | 4.2 % | 6.5 % |
Economic value added (EVA) | 5.30 | 20.37 | 22.08 | 33.06 | 40.90 |
Solvency | |||||
Equity ratio | 8.4 % | 11.1 % | 8.8 % | 4.8 % | -9.6 % |
Gearing | 1039.7 % | 758.6 % | 980.5 % | 1806.3 % | -987.4 % |
Relative net indebtedness % | 449.5 % | 337.0 % | 581.7 % | 714.7 % | 545.0 % |
Liquidity | |||||
Quick ratio | 2.9 | 3.4 | 0.2 | 1.8 | 1.5 |
Current ratio | 2.9 | 3.4 | 0.2 | 1.8 | 1.5 |
Cash and cash equivalents | 45.13 | 73.33 | 94.58 | 64.79 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 46.0 | 30.4 | |||
Net working capital % | 24.1 % | 32.9 % | -206.5 % | 23.0 % | 4.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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