VESTERVANG MASKINVÆRKSTED A/S — Credit Rating and Financial Key Figures

VESTERVANG MASKINVÆRKSTED A/S (CVR number: 20959886) is a company from HEDENSTED. The company recorded a gross profit of 3031.2 kDKK in 2023. The operating profit was 659 kDKK, while net earnings were 684.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 28.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.4 %, 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. VESTERVANG MASKINVÆRKSTED A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.