VEST TECH ApS — Credit Rating and Financial Key Figures

CVR number: 27956505
Egebjerg Landevej 93, Vesterhede 7250 Hejnsvig
vesttech@vesttech.dk
tel: 75336623
www.vesttech.dk

Credit rating

Company information

Official name
VEST TECH ApS
Personnel
7 persons
Established
2004
Domicile
Vesterhede
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About VEST TECH ApS

VEST TECH ApS (CVR number: 27956505) is a company from BILLUND. The company recorded a gross profit of 1428.7 kDKK in 2024. The operating profit was -94.7 kDKK, while net earnings were -98.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -21.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VEST TECH ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit847.20923.902 001.131 238.061 428.67
EBIT- 281.85- 278.62822.24-0.14-94.67
Net earnings- 293.34- 284.81749.98-8.17-98.43
Shareholders equity total451.82167.01916.99508.83410.39
Balance sheet total (assets)2 783.451 887.193 896.023 613.192 204.71
Net debt68.99586.17246.69- 259.65794.09
Profitability
EBIT-%
ROA-9.8 %-11.9 %28.4 %-0.0 %-3.3 %
ROE-34.6 %-92.0 %138.4 %-1.1 %-21.4 %
ROI-24.8 %-32.5 %60.0 %-0.0 %-7.4 %
Economic value added (EVA)- 330.54- 290.66754.80-13.89-67.40
Solvency
Equity ratio16.2 %8.8 %23.5 %14.1 %18.6 %
Gearing88.5 %416.9 %104.7 %164.0 %194.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.20.80.70.4
Current ratio0.90.71.10.90.8
Cash and cash equivalents330.87110.09713.591 094.025.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-3.25%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.6%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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