VESTFJORD Aps — Credit Rating and Financial Key Figures

CVR number: 36412828
Kløvervej 21, 7600 Struer
m.holden@mail.tele.dk
tel: 97841844
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Credit rating

Company information

Official name
VESTFJORD Aps
Established
1984
Company form
Private limited company
Industry

About VESTFJORD Aps

VESTFJORD Aps (CVR number: 36412828) is a company from STRUER. The company recorded a gross profit of -24.2 kDKK in 2022. The operating profit was -102.8 kDKK, while net earnings were 427.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 45.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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. VESTFJORD Aps's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-53.06-33.04-20.99-23.29-24.20
EBIT- 383.03- 363.25- 143.36- 176.74- 102.78
Net earnings-2 650.00- 232.89- 598.72392.93427.11
Shareholders equity total1 171.85938.97340.25733.181 160.30
Balance sheet total (assets)3 904.633 951.193 512.452 678.123 210.38
Net debt-1 009.31- 738.89- 138.34- 733.70-1 163.03
Profitability
EBIT-%
ROA-2.3 %8.0 %-3.4 %16.7 %19.3 %
ROE-88.4 %-22.1 %-93.6 %73.2 %45.1 %
ROI-2.3 %8.1 %-3.4 %16.7 %19.4 %
Economic value added (EVA)- 371.87- 237.00-5.16-27.98-5.54
Solvency
Equity ratio30.0 %23.8 %9.7 %27.4 %36.1 %
Gearing228.3 %314.2 %929.4 %263.9 %175.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.31.11.41.6
Current ratio1.41.31.11.41.6
Cash and cash equivalents3 684.243 689.283 300.552 668.353 200.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:19.3%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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