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

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

Company information

Official name
VESTEY FOODS DENMARK A/S
Personnel
7 persons
Established
1998
Company form
Limited company
Industry

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 4694.1 kDKK in 2024. The operating profit was 650.1 kDKK, while net earnings were 663 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -60.8 %. 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 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 384.721 675.022 947.665 395.074 694.10
EBIT- 119.35-2 368.35- 688.931 776.06650.10
Net earnings- 220.39-2 166.56- 892.531 468.18662.97
Shareholders equity total-3 815.67-5 982.24-6 874.76-5 406.59-4 743.62
Balance sheet total (assets)983.182 609.405 515.422 075.113 054.78
Net debt3 603.976 617.578 483.535 585.566 217.31
Profitability
EBIT-%
ROA-2.5 %-30.4 %-6.1 %18.2 %10.4 %
ROE-20.1 %-120.6 %-22.0 %38.7 %25.8 %
ROI-3.0 %-34.6 %-7.2 %22.4 %12.3 %
Economic value added (EVA)- 128.26-2 366.95- 773.281 904.34889.13
Solvency
Equity ratio-79.5 %-69.6 %-55.5 %-72.3 %-60.8 %
Gearing-98.4 %-128.1 %-143.9 %-115.4 %-140.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.72.21.42.5
Current ratio0.71.72.21.42.5
Cash and cash equivalents152.421 047.011 412.37653.05438.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-60.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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