Vaekst ApS — Credit Rating and Financial Key Figures

CVR number: 35813519
Købmagergade 3 A, 1150 København K
mik.lokdam@vaekstgroup.dk
tel: 26225206
www.vaekstgroup.com

Credit rating

Company information

Official name
Vaekst ApS
Personnel
40 persons
Established
2014
Company form
Private limited company
Industry

About Vaekst ApS

Vaekst ApS (CVR number: 35813519) is a company from KØBENHAVN. The company reported a net sales of 9.8 mDKK in 2023, demonstrating a growth of 15.9 % compared to the previous year. The operating profit percentage was poor at -4.8 % (EBIT: -0.5 mDKK), while net earnings were -343.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -15.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.2 %, 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. Vaekst ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales888.403 144.766 490.088 494.729 843.03
Gross profit676.632 382.324 870.486 145.377 324.08
EBIT8.47309.73560.23302.23- 469.13
Net earnings1.10247.22425.31319.97- 343.17
Shareholders equity total30.32277.54702.851 631.502 762.80
Balance sheet total (assets)276.851 191.222 092.382 731.174 750.31
Net debt-93.71- 674.90- 794.37- 488.74- 996.83
Profitability
EBIT-%1.0 %9.8 %8.6 %3.6 %-4.8 %
ROA2.6 %42.2 %34.1 %12.6 %-12.3 %
ROE3.7 %160.6 %86.8 %27.4 %-15.6 %
ROI28.5 %191.3 %98.4 %23.6 %-19.9 %
Economic value added (EVA)10.61257.63451.17343.15- 336.07
Solvency
Equity ratio11.0 %23.3 %33.6 %59.7 %58.2 %
Gearing0.0 %
Relative net indebtedness %17.2 %7.6 %9.2 %6.1 %8.9 %
Liquidity
Quick ratio1.01.21.62.11.3
Current ratio1.01.21.62.11.3
Cash and cash equivalents93.71674.90794.37488.74997.33
Capital use efficiency
Trade debtors turnover (days)58.845.553.720.519.8
Net working capital %0.7 %6.5 %10.6 %13.0 %5.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-12.3%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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