VESTJYSKE NET SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 25085507
Sandagervej 20, 7400 Herning
Lih@vestjyskenet.dk
tel: 97121622

Credit rating

Company information

Official name
VESTJYSKE NET SERVICE A/S
Personnel
89 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon42Civil engineering

About VESTJYSKE NET SERVICE A/S

VESTJYSKE NET SERVICE A/S (CVR number: 25085507) is a company from HERNING. The company recorded a gross profit of 22.6 mDKK in 2023. The operating profit was 11.1 mDKK, while net earnings were 9655 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTJYSKE NET SERVICE A/S's liquidity measured by quick ratio was 4.3 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
2019
2020
2021
2022
2023
Volume
Net sales94 707.2597 409.23
Gross profit17 091.4716 112.1110 437.1711 728.9722 601.72
EBIT7 442.006 732.20- 238.56-28.4011 083.85
Net earnings7 451.406 365.13-68.78-2 341.759 655.01
Shareholders equity total78 005.0084 370.1368 301.3565 959.6075 614.61
Balance sheet total (assets)92 939.31100 773.9494 032.2894 899.25105 180.45
Net debt-37 030.07-33 766.05-23 323.84-20 904.20-22 299.45
Profitability
EBIT-%7.9 %6.9 %
ROA10.6 %8.5 %0.6 %0.5 %12.6 %
ROE10.0 %7.8 %-0.1 %-3.5 %13.6 %
ROI12.5 %10.0 %0.7 %0.7 %17.6 %
Economic value added (EVA)3 869.233 192.56-2 732.47-1 702.996 423.43
Solvency
Equity ratio83.9 %83.7 %74.5 %79.5 %81.4 %
Gearing0.0 %0.0 %15.4 %
Relative net indebtedness %-24.4 %-19.7 %
Liquidity
Quick ratio4.64.83.04.14.3
Current ratio4.85.02.82.52.7
Cash and cash equivalents37 050.5933 797.3633 835.7720 904.2022 299.45
Capital use efficiency
Trade debtors turnover (days)79.847.2
Net working capital %21.1 %24.9 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.4%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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