SØREN VANGSTED HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 10970636
Myhlenbergvej 56, 9510 Arden
tel: 98561211

Company information

Official name
SØREN VANGSTED HOLDING A/S
Established
1987
Company form
Limited company
Industry

About SØREN VANGSTED HOLDING A/S

SØREN VANGSTED HOLDING A/S (CVR number: 10970636) is a company from MARIAGERFJORD. The company reported a net sales of 1.9 mDKK in 2024, demonstrating a decline of -5.9 % compared to the previous year. The operating profit percentage was at 73.7 % (EBIT: 1.4 mDKK), while net earnings were 5994.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØREN VANGSTED HOLDING A/S's liquidity measured by quick ratio was 29.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales2 004.401 885.30
Gross profit- 382.931 494.461 389.79
EBIT- 382.931 494.461 389.79
Net earnings-5 155.527 311.595 994.87
Shareholders equity total54 536.4559 848.0561 842.92
Balance sheet total (assets)55 422.8961 971.3363 679.37
Net debt-37 671.98-41 522.09-45 354.80
Profitability
EBIT-%74.6 %73.7 %
ROA2.6 %13.5 %11.8 %
ROE-9.5 %12.8 %9.9 %
ROI2.6 %13.9 %12.2 %
Economic value added (EVA)- 339.15-1 359.52-1 857.62
Solvency
Equity ratio98.4 %96.6 %97.1 %
Gearing
Relative net indebtedness %-1965.6 %-2308.3 %
Liquidity
Quick ratio55.425.429.3
Current ratio55.425.429.3
Cash and cash equivalents37 671.9841 522.0945 354.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %547.0 %641.9 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.1%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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