Credit rating
Company information
About VESTERGAARD INVEST ApS
VESTERGAARD INVEST ApS (CVR number: 34623244) is a company from AARHUS. The company recorded a gross profit of 9154.4 kDKK in 2022. The operating profit was 7476.4 kDKK, while net earnings were 4735.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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. VESTERGAARD INVEST ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 145.01 | 7 331.77 | 7 901.57 | 9 575.42 | 9 154.37 |
EBIT | 9 988.39 | 6 819.02 | 8 863.38 | 13 875.30 | 7 476.40 |
Net earnings | 6 099.73 | 3 580.87 | 5 081.05 | 10 516.18 | 4 735.09 |
Shareholders equity total | 34 594.54 | 38 407.67 | 43 743.24 | 54 259.43 | 57 754.52 |
Balance sheet total (assets) | 128 735.92 | 131 335.16 | 133 535.14 | 144 278.40 | 145 520.34 |
Net debt | 84 299.78 | 82 866.12 | 78 145.99 | 73 768.57 | 74 483.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.3 % | 5.3 % | 6.7 % | 10.8 % | 5.2 % |
ROE | 19.4 % | 9.8 % | 12.4 % | 21.5 % | 8.5 % |
ROI | 8.6 % | 5.5 % | 6.9 % | 11.2 % | 5.3 % |
Economic value added (EVA) | 2 362.51 | - 549.33 | 915.34 | 5 025.14 | - 512.78 |
Solvency | |||||
Equity ratio | 26.9 % | 29.2 % | 32.9 % | 37.7 % | 39.8 % |
Gearing | 243.7 % | 215.8 % | 179.3 % | 138.9 % | 129.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.1 | 0.6 | 1.1 | 0.7 |
Current ratio | 0.0 | 0.1 | 0.5 | 1.1 | 0.7 |
Cash and cash equivalents | 0.96 | 15.04 | 291.80 | 1 601.00 | 121.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | AA | AA |
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