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VESTVEJEN A/S — Credit Rating and Financial Key Figures

CVR number: 11092489
Vestvejen 2, Als 9560 Hadsund
tel: 98581066
Free credit report Annual report

Company information

Official name
VESTVEJEN A/S
Established
1987
Domicile
Als
Company form
Limited company
Industry

About VESTVEJEN A/S

VESTVEJEN A/S (CVR number: 11092489) is a company from MARIAGERFJORD. The company recorded a gross profit of 613.3 kDKK in 2024. The operating profit was 370.3 kDKK, while net earnings were 197.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, 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 28.4 %, 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. VESTVEJEN A/S's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit229.47417.05655.94600.27613.32
EBIT-10.22177.13414.95350.98370.25
Net earnings- 171.1817.48228.28181.08197.76
Shareholders equity total1 967.601 985.082 213.372 214.442 412.21
Balance sheet total (assets)7 938.347 952.128 161.508 232.498 503.03
Net debt4 676.924 524.144 064.753 907.603 483.92
Profitability
EBIT-%
ROA-0.1 %2.2 %5.2 %4.3 %4.4 %
ROE-8.3 %0.9 %10.9 %8.2 %8.5 %
ROI-0.1 %2.3 %5.3 %4.4 %4.6 %
Economic value added (EVA)- 394.52- 256.07- 117.20- 178.70- 166.03
Solvency
Equity ratio24.8 %25.0 %27.1 %26.9 %28.4 %
Gearing286.1 %281.1 %249.9 %253.5 %235.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.40.40.5
Current ratio0.20.30.40.40.5
Cash and cash equivalents953.331 056.881 466.631 706.092 198.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:4.43%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.4%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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