VONGE SMEDE ApS — Credit Rating and Financial Key Figures

CVR number: 25978102
Vonge Skovvej 12, 7173 Vonge
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Credit rating

Company information

Official name
VONGE SMEDE ApS
Personnel
1 person
Established
2001
Company form
Private limited company
Industry

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
2016
2017
2018
2019
2020
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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