VESTEY FOODS DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 21151092
Herluf Trolles Gade 4, 1052 København K
tel: 33434000

Credit rating

Company information

Official name
VESTEY FOODS DENMARK A/S
Personnel
4 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VESTEY FOODS DENMARK A/S

VESTEY FOODS DENMARK A/S (CVR number: 21151092) is a company from KØBENHAVN. The company recorded a gross profit of 5395.1 kDKK in 2023. The operating profit was 1776.1 kDKK, while net earnings were 1468.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 38.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -72.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VESTEY FOODS DENMARK A/S's liquidity measured by quick ratio was 1.4 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 987.873 384.721 675.022 947.665 395.07
EBIT- 515.79- 119.35-2 368.35- 688.931 776.06
Net earnings- 632.55- 220.39-2 166.56- 892.531 468.18
Shareholders equity total-3 595.28-3 815.67-5 982.24-6 874.76-5 406.59
Balance sheet total (assets)1 207.30983.182 609.405 515.422 075.11
Net debt3 469.343 603.976 617.578 483.535 585.56
Profitability
EBIT-%
ROA-11.8 %-2.5 %-30.4 %-6.1 %18.2 %
ROE-57.4 %-20.1 %-120.6 %-22.0 %38.7 %
ROI-15.4 %-3.0 %-34.6 %-7.2 %22.4 %
Economic value added (EVA)- 347.5793.52-2 151.25- 316.682 472.58
Solvency
Equity ratio-74.9 %-79.5 %-69.6 %-55.5 %-72.3 %
Gearing-104.3 %-98.4 %-128.1 %-143.9 %-115.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.71.72.21.4
Current ratio0.20.71.72.21.4
Cash and cash equivalents280.96152.421 047.011 412.37653.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:18.2%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-72.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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