Vestervang Invest af 2019 Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vestervang Invest af 2019 Holding A/S
Vestervang Invest af 2019 Holding A/S (CVR number: 40665676) is a company from AARHUS. The company recorded a gross profit of -83.3 kDKK in 2024. The operating profit was -83.3 kDKK, while net earnings were 2696.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Vestervang Invest af 2019 Holding A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 48 953.17 | 16 490.24 | |||
Gross profit | 48 974.10 | 16 376.84 | - 101.38 | -94.11 | -83.32 |
EBIT | 44 074.10 | 16 376.84 | - 101.38 | -94.11 | -83.32 |
Net earnings | 33 149.55 | 12 580.25 | 23 103.51 | 3 374.07 | 2 696.06 |
Shareholders equity total | 110 066.72 | 122 646.97 | 145 750.48 | 149 124.54 | 151 820.60 |
Balance sheet total (assets) | 132 479.39 | 148 960.12 | 170 799.72 | 168 118.70 | 167 410.56 |
Net debt | 10 006.10 | 13 024.11 | 7 016.30 | 5 725.92 | 3 668.92 |
Profitability | |||||
EBIT-% | 90.0 % | 99.3 % | |||
ROA | 39.6 % | 11.6 % | 18.6 % | 2.7 % | 2.2 % |
ROE | 35.5 % | 10.8 % | 17.2 % | 2.3 % | 1.8 % |
ROI | 40.6 % | 11.8 % | 19.1 % | 2.8 % | 2.2 % |
Economic value added (EVA) | 32 739.11 | 15 549.63 | 2 078.89 | 3 119.09 | 2 674.72 |
Solvency | |||||
Equity ratio | 90.6 % | 89.0 % | 88.7 % | 92.1 % | 92.9 % |
Gearing | 9.1 % | 10.7 % | 4.8 % | 3.8 % | 2.5 % |
Relative net indebtedness % | 25.3 % | 89.2 % | |||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.1 | 1.4 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.1 | 1.4 |
Cash and cash equivalents | 48.18 | 38.66 | 16.68 | 0.88 | 58.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -4.9 % | -28.5 % | |||
Credit risk | |||||
Credit rating | A | AA | A | A | A |
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