VESTFJORD Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 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 | - 598.72 | 392.93 | 427.11 |
Shareholders equity total | 1 171.85 | 938.97 | 340.25 | 733.18 | 1 160.30 |
Balance sheet total (assets) | 3 904.63 | 3 951.19 | 3 512.45 | 2 678.12 | 3 210.38 |
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 ratio | 30.0 % | 23.8 % | 9.7 % | 27.4 % | 36.1 % |
Gearing | 228.3 % | 314.2 % | 929.4 % | 263.9 % | 175.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.3 | 1.1 | 1.4 | 1.6 |
Current ratio | 1.4 | 1.3 | 1.1 | 1.4 | 1.6 |
Cash and cash equivalents | 3 684.24 | 3 689.28 | 3 300.55 | 2 668.35 | 3 200.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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