VESTHAVE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29168121
Fjordvej 105, Strandhuse 6000 Kolding
mvesthave@cosmobell.dk
tel: 75565258

Credit rating

Company information

Official name
VESTHAVE HOLDING ApS
Established
2005
Domicile
Strandhuse
Company form
Private limited company
Industry
  • Expand more icon649910

About VESTHAVE HOLDING ApS

VESTHAVE HOLDING ApS (CVR number: 29168121) is a company from KOLDING. The company recorded a gross profit of 379.7 kDKK in 2023. The operating profit was 262.1 kDKK, while net earnings were 682.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTHAVE HOLDING ApS's liquidity measured by quick ratio was 1 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
2019
2020
2021
2022
2023
Volume
Net sales5 047.00
Gross profit5 450.00420.00425.00413.00379.73
EBIT5 340.00296.00307.00295.00262.14
Net earnings5 756.00825.00868.00724.00682.46
Shareholders equity total17 824.0018 649.0018 917.0016 341.0016 424.24
Balance sheet total (assets)22 042.0022 024.0022 756.0018 192.0018 107.92
Net debt2 734.00405.00- 172.001 269.00965.23
Profitability
EBIT-%105.8 %
ROA30.5 %5.0 %5.0 %4.6 %4.9 %
ROE36.8 %4.5 %4.6 %4.1 %4.2 %
ROI32.6 %5.3 %5.2 %4.7 %5.0 %
Economic value added (EVA)5 057.37- 750.06- 698.27- 615.52- 746.34
Solvency
Equity ratio80.9 %84.7 %83.1 %89.8 %90.7 %
Gearing15.4 %9.5 %16.7 %7.9 %6.2 %
Relative net indebtedness %78.5 %
Liquidity
Quick ratio0.51.41.81.21.0
Current ratio0.51.41.81.21.0
Cash and cash equivalents17.001 363.003 331.0029.0054.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-23.9 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:4.90%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.7%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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