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VED STRANDEN ApS — Credit Rating and Financial Key Figures

CVR number: 11444202
Skæring Strandvej 38, 8250 Egå

Income statement (kDKK)

2011
2012
2013
2014
2015
Fiscal period length1212121212
Net sales
Gross profit-2 095.0041 021.0036 291.0033 468.0040 285.61
Employee benefit expenses-30 166.00-29 010.99-26 595.00-24 603.00-27 751.37
Other operating expenses-9.00-58.88
Total depreciation-1 855.00-1 498.21-2 544.00-2 838.00-2 603.19
EBIT-34 116.0010 512.247 152.006 018.009 872.16
Other financial income2 502.0010 297.8013 501.006 950.004 213.82
Other financial expenses-25 537.00-2 117.85-4 152.00-5 639.00-15 270.23
Net income from associates (fin.)- 179.0030.03-44.00-16.00- 130.47
Pre-tax profit-57 330.0018 722.2116 457.007 313.00- 725.09
Income taxes14 499.00-3 791.15-6 248.00-1 179.00- 844.92
Net earnings-42 831.0014 931.0510 209.006 134.00-1 570.00

Assets (kDKK)

2011
2012
2013
2014
2015
Intangible assets total
Land and waters42 332.0043 847.8443 073.0047 410.0065 296.21
Buildings242.001 631.253 541.001 847.001 726.20
Machinery and equipment412.00544.62412.001 410.003 231.35
Tangible assets total42 986.0046 023.7147 026.0050 667.0070 253.76
Holdings in group member companies360.00
Participating interests30.03186.00172.00133.80
Investments total390.03186.00172.00133.80
Non-current other receivables540.00555.77572.00454.00468.01
Long term receivables total540.00555.77572.00454.00468.01
Raw materials and consumables225.00
Inventories total225.00
Current trade debtors8 657.0010 507.198 961.008 821.009 515.67
Current owed by particip. interest comp.616.00805.233 792.002 295.003 050.51
Prepayments and accrued income371.00364.45450.00469.00352.39
Current other receivables440.00432.73714.00435.00892.50
Current deferred tax assets33 006.0029 511.2423 391.0022 266.0023 029.45
Short term receivables total43 090.0041 620.8437 308.0034 286.0036 840.52
Other current investments54 057.0048 459.3975 034.0068 714.0059 821.61
Cash and bank deposits4 548.0014 102.768 536.009 768.0012 477.16
Cash and cash equivalents58 605.0062 562.1583 570.0078 482.0072 298.78
Balance sheet total (assets)145 446.00151 152.51168 662.00164 061.00179 994.86

Equity and liabilities (kDKK)

2011
2012
2013
2014
2015
Share capital400.00400.00400.00400.00400.00
Shares repurchased97.004 000.00150.001 500.00101.20
Other reserves673.00- 963.59-2 006.00-1 863.00
Retained earnings95 670.0047 202.3860 939.0069 765.0075 805.28
Profit of the financial year-42 831.0014 931.0510 209.006 134.00-1 570.00
Minority interest (BS)- 673.00963.592 006.001 863.003 062.16
Shareholders equity total53 336.0066 533.4371 698.0077 799.0077 798.64
Provisions- 673.00963.592 006.001 863.00
Non-current loans from credit institutions38 178.0037 064.3235 769.0034 457.0044 202.67
Non-current liabilities total38 178.0037 064.3235 769.0034 457.0044 202.67
Current loans from credit institutions42 756.0027 704.3543 374.0037 465.0043 118.63
Current trade creditors7 330.008 283.374 361.005 102.006 600.74
Current owed to participating812.00820.00828.27
Short-term deferred tax liabilities180.74
Other non-interest bearing current liabilities4 519.0010 422.7110 604.006 514.007 433.46
Accruals and deferred income38.0041.0012.47
Current liabilities total54 605.0046 591.1759 189.0049 942.0057 993.56
Balance sheet total (liabilities)145 446.00151 152.51168 662.00164 061.00179 994.86
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