VESTFORSYNING A/S
Credit rating
Company information
About VESTFORSYNING A/S
VESTFORSYNING A/S (CVR number: 25952200) is a company from HOLSTEBRO. The company reported a net sales of 12.4 mDKK in 2023, demonstrating a decline of -9.4 % compared to the previous year. The operating profit percentage was at 18.6 % (EBIT: 2.3 mDKK), while net earnings were 194.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTFORSYNING A/S's liquidity measured by quick ratio was 6.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 13 680.00 | 12 395.00 | |
Gross profit | 9 346.00 | 7 973.00 | |
EBIT | 3 953.00 | 2 308.00 | |
Net earnings | 62 522.00 | 194 280.00 | |
Shareholders equity total | 3 386 540.00 | 3 579 541.00 | |
Balance sheet total (assets) | 3 389 710.00 | 3 582 962.00 | |
Net debt | -11 312.00 | -15 904.00 | |
Profitability | |||
EBIT-% | 28.9 % | 18.6 % | |
ROA | 1.9 % | 5.6 % | |
ROE | 1.8 % | 5.6 % | |
ROI | 1.9 % | 5.6 % | |
Economic value added (EVA) | 134 665.13 | 2 378.13 | 144 295.27 |
Solvency | |||
Equity ratio | 99.9 % | 99.9 % | |
Gearing | |||
Relative net indebtedness % | -64.3 % | -106.9 % | |
Liquidity | |||
Quick ratio | 4.8 | 6.7 | |
Current ratio | 4.8 | 6.7 | |
Cash and cash equivalents | 11 312.00 | 15 904.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 44.8 % | 91.6 % | |
Credit risk | |||
Credit rating | AA | AA |
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