VESTVIDEN ApS

CVR number: 27360165
Tannebækvej 9 A, Nørlem 7620 Lemvig
flemming@vestviden.dk
tel: 96638222
www.vestviden.dk

Credit rating

Company information

Official name
VESTVIDEN ApS
Established
2003
Domicile
Nørlem
Company form
Private limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About the company

VESTVIDEN ApS (CVR number: 27360165) is a company from LEMVIG. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 23.3 % compared to the previous year. The operating profit percentage was at 25 % (EBIT: 0.1 mDKK), while net earnings were 110.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.3 %, which can be considered excellent and Return on Equity (ROE) was 33.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTVIDEN ApS's liquidity measured by quick ratio was 4.9 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
20192020202120222023
Volume
Net sales459.62566.54
Gross profit447.73349.54456.77
EBIT189.06222.60154.6863.95141.64
Net earnings150.61168.00119.8046.27110.20
Shareholders equity total327.40387.40396.60329.88325.67
Balance sheet total (assets)536.94490.48479.89408.90394.04
Net debt- 307.30- 289.61- 293.96- 233.28- 183.46
Profitability
EBIT-%13.9 %25.0 %
ROA38.2 %43.3 %32.1 %14.4 %35.3 %
ROE59.7 %47.0 %30.6 %12.7 %33.6 %
ROI75.5 %62.0 %39.7 %17.6 %43.2 %
Economic value added (EVA)150.57169.80116.3445.22106.10
Solvency
Equity ratio61.0 %79.0 %82.6 %80.7 %82.6 %
Gearing
Relative net indebtedness %-33.6 %-20.3 %
Liquidity
Quick ratio2.24.25.04.24.9
Current ratio2.64.75.75.15.8
Cash and cash equivalents307.30289.61293.96233.28183.46
Capital use efficiency
Trade debtors turnover (days)80.197.9
Net working capital %70.1 %57.5 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:35.3%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.6%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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