VONGE SMEDE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VONGE SMEDE ApS
VONGE SMEDE ApS (CVR number: 25978102) is a company from VEJLE. The company recorded a gross profit of 316.7 kDKK in 2020. The operating profit was -301.9 kDKK, while net earnings were -346 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.2 %, which can be considered poor and Return on Equity (ROE) was -26.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.8 %, 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. VONGE SMEDE ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 074.18 | 2 291.50 | 1 561.36 | 2 445.30 | 316.70 |
EBIT | - 284.43 | 636.25 | 25.64 | 738.52 | - 301.90 |
Net earnings | - 284.93 | 448.63 | -3.60 | 556.97 | - 346.00 |
Shareholders equity total | 1 247.03 | 1 695.66 | 1 692.06 | 2 249.03 | 403.03 |
Balance sheet total (assets) | 4 295.72 | 4 508.35 | 4 187.98 | 4 405.66 | 1 502.53 |
Net debt | 1 427.45 | 1 529.12 | 1 437.90 | -1 385.53 | - 206.48 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.6 % | 14.5 % | 0.7 % | 17.4 % | -10.2 % |
ROE | -22.8 % | 30.5 % | -0.2 % | 28.3 % | -26.1 % |
ROI | -9.0 % | 19.2 % | 0.9 % | 21.7 % | -12.1 % |
Economic value added (EVA) | - 222.52 | 468.34 | -55.12 | 494.08 | - 289.44 |
Solvency | |||||
Equity ratio | 29.0 % | 37.6 % | 40.4 % | 51.0 % | 26.8 % |
Gearing | 152.3 % | 104.3 % | 89.1 % | 60.0 % | 240.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.0 | 1.2 | 1.7 | 1.4 |
Current ratio | 1.1 | 1.4 | 1.5 | 1.7 | 1.4 |
Cash and cash equivalents | 471.26 | 238.75 | 70.03 | 2 734.37 | 1 174.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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