VESTEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTEN HOLDING A/S
VESTEN HOLDING A/S (CVR number: 25306031) is a company from SØNDERBORG. The company recorded a gross profit of -257 kDKK in 2024. The operating profit was -257 kDKK, while net earnings were 14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTEN HOLDING A/S's liquidity measured by quick ratio was 197.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 142.61 | - 295.63 | - 336.00 | -63.29 | - 256.95 |
EBIT | 142.61 | - 295.63 | - 336.00 | -63.29 | - 256.95 |
Net earnings | 8 658.44 | 11 163.10 | 23 776.94 | 14 602.82 | 14 559.31 |
Shareholders equity total | 117 029.48 | 122 192.58 | 145 855.12 | 159 457.94 | 169 017.25 |
Balance sheet total (assets) | 120 441.97 | 122 359.45 | 146 034.42 | 159 648.99 | 169 802.21 |
Net debt | - 101 155.16 | - 110 134.66 | - 124 675.51 | - 140 272.89 | - 155 027.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.5 % | 12.2 % | 36.3 % | 10.5 % | 12.9 % |
ROE | 7.7 % | 9.3 % | 17.7 % | 9.6 % | 8.9 % |
ROI | 10.0 % | 12.4 % | 36.3 % | 10.5 % | 13.0 % |
Economic value added (EVA) | - 322.83 | -1 028.27 | - 941.89 | -1 127.56 | -1 179.62 |
Solvency | |||||
Equity ratio | 97.2 % | 99.9 % | 99.9 % | 99.9 % | 99.5 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 31.7 | 660.0 | 699.7 | 738.2 | 197.5 |
Current ratio | 31.7 | 660.0 | 699.7 | 738.2 | 197.5 |
Cash and cash equivalents | 101 155.22 | 110 135.05 | 124 675.65 | 140 273.07 | 155 027.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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