VED AMAGERBANEN 29 ApS — Credit Rating and Financial Key Figures

CVR number: 29510946
Faaborgvej 248 B, Dyrup 5250 Odense SV
regnskab@rangstrup.com

Credit rating

Company information

Official name
VED AMAGERBANEN 29 ApS
Established
2006
Domicile
Dyrup
Company form
Private limited company
Industry

About VED AMAGERBANEN 29 ApS

VED AMAGERBANEN 29 ApS (CVR number: 29510946) is a company from ODENSE. The company recorded a gross profit of 2552.9 kDKK in 2020. The operating profit was 2552.9 kDKK, while net earnings were 1422.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 10.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VED AMAGERBANEN 29 ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-70.09-44.37- 142.942 552.93
EBIT-70.09-44.37- 142.942 552.93
Net earnings- 730.68- 277.25-1 237.861 422.24
Shareholders equity total28 582.0045 986.0544 748.2035 029.07
Balance sheet total (assets)68 864.95105 989.33306 665.62324 139.09
Net debt36 659.8950 981.47-57 383.8529 373.92
Profitability
EBIT-%
ROA-0.1 %-0.2 %0.4 %5.0 %
ROE-2.6 %-0.7 %-2.7 %3.6 %
ROI-0.1 %-0.2 %0.4 %8.0 %
Economic value added (EVA)-54.67-1 672.24- 565.067 255.51
Solvency
Equity ratio39.2 %43.4 %14.6 %10.8 %
Gearing128.7 %111.4 %102.5 %137.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.13.30.8
Current ratio0.10.13.30.8
Cash and cash equivalents121.98265.61103 265.6718 942.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBABBB

Variable visualization

ROA:5.01%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.8%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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