VONGE SMEDE ApS — Credit Rating and Financial Key Figures

CVR number: 25978102
Vonge Skovvej 12, 7173 Vonge

Credit rating

Company information

Official name
VONGE SMEDE ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017201820192020
Volume
Net sales
Gross profit2 074.182 291.501 561.362 445.30316.70
EBIT- 284.43636.2525.64738.52- 301.90
Net earnings- 284.93448.63-3.60556.97- 346.00
Shareholders equity total1 247.031 695.661 692.062 249.03403.03
Balance sheet total (assets)4 295.724 508.354 187.984 405.661 502.53
Net debt1 427.451 529.121 437.90-1 385.53- 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)- 222.52468.34-55.12494.08- 289.44
Solvency
Equity ratio29.0 %37.6 %40.4 %51.0 %26.8 %
Gearing152.3 %104.3 %89.1 %60.0 %240.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.01.21.71.4
Current ratio1.11.41.51.71.4
Cash and cash equivalents471.26238.7570.032 734.371 174.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:-10.2%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.8%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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