VESTERGADE 38 VEJLE ApS — Credit Rating and Financial Key Figures

CVR number: 35808442
Strandvejen 18, 7120 Vejle Øst

Credit rating

Company information

Official name
VESTERGADE 38 VEJLE ApS
Established
2014
Company form
Private limited company
Industry

About VESTERGADE 38 VEJLE ApS

VESTERGADE 38 VEJLE ApS (CVR number: 35808442) is a company from VEJLE. The company recorded a gross profit of 445.5 kDKK in 2024. The operating profit was 420.5 kDKK, while net earnings were 105.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 18.1 %, 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. VESTERGADE 38 VEJLE 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 profit201.08199.63305.00220.81445.48
EBIT-1 045.13- 328.37205.00-1 003.20420.48
Net earnings- 947.62- 368.2119.04- 341.94105.90
Shareholders equity total2 742.042 373.822 392.872 050.922 156.83
Balance sheet total (assets)13 512.4013 590.0613 128.4011 948.3211 938.50
Net debt10 467.8910 952.5310 563.669 767.059 620.07
Profitability
EBIT-%
ROA-7.7 %-2.1 %1.7 %-0.6 %3.3 %
ROE-29.5 %-14.4 %0.8 %-15.4 %5.0 %
ROI-8.0 %-2.1 %1.8 %-0.6 %3.3 %
Economic value added (EVA)-1 328.75- 841.41- 401.62-1 339.86- 170.30
Solvency
Equity ratio20.3 %17.5 %18.2 %17.2 %18.1 %
Gearing382.4 %461.4 %441.5 %476.2 %446.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.40.40.4
Current ratio0.30.50.40.40.4
Cash and cash equivalents17.6610.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.25%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.1%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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