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

CVR number: 20959886
Toftegårdsvej 40, 8722 Hedensted
tel: 75852121
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Credit rating

Company information

Official name
VESTERVANG MASKINVÆRKSTED A/S
Personnel
8 persons
Established
1998
Company form
Limited company
Industry

About VESTERVANG MASKINVÆRKSTED A/S

VESTERVANG MASKINVÆRKSTED A/S (CVR number: 20959886) is a company from HEDENSTED. The company recorded a gross profit of 2463 kDKK in 2024. The operating profit was -277.2 kDKK, while net earnings were 9.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 20.9 %, 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 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 771.384 198.154 001.793 031.192 463.04
EBIT-69.321 278.711 204.20658.99- 277.23
Net earnings143.781 356.88533.37684.749.84
Shareholders equity total4 474.133 331.013 064.381 748.831 258.67
Balance sheet total (assets)8 695.577 613.567 107.876 376.626 017.75
Net debt-3 039.20-1 803.69-1 346.92- 664.02-86.32
Profitability
EBIT-%
ROA2.2 %21.5 %16.4 %13.0 %0.2 %
ROE3.0 %34.8 %16.7 %28.5 %0.7 %
ROI2.6 %26.2 %19.4 %15.1 %0.3 %
Economic value added (EVA)- 423.00633.55627.13201.03- 465.20
Solvency
Equity ratio51.5 %43.8 %43.1 %27.4 %20.9 %
Gearing61.3 %84.5 %104.1 %209.5 %325.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.41.51.11.0
Current ratio1.91.61.71.31.2
Cash and cash equivalents5 783.424 616.864 537.204 328.154 179.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:0.23%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.9%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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