VESTERVANGEN HOLDING ODENSE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTERVANGEN HOLDING ODENSE ApS
VESTERVANGEN HOLDING ODENSE ApS (CVR number: 27290515K) is a company from RUDERSDAL. The company reported a net sales of 454.2 mDKK in 2022, demonstrating a growth of 2.7 % compared to the previous year. The operating profit percentage was at 0 % (EBIT: 0.1 mDKK), while net earnings were -9922 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VESTERVANGEN HOLDING ODENSE ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 440.87 | 443.61 | 442.17 | 454.24 | |
| Gross profit | 13.59 | 199.72 | 196.75 | 179.71 | 166.95 |
| EBIT | 12.88 | 47.28 | 28.33 | -15.86 | 0.14 |
| Net earnings | 17.97 | 38.44 | 22.94 | -10.51 | -9.92 |
| Shareholders equity total | 94.36 | 123.39 | 146.04 | 135.43 | 106.56 |
| Balance sheet total (assets) | 221.93 | 236.43 | 271.86 | 267.13 | 246.40 |
| Net debt | 32.59 | 4.50 | |||
| Profitability | |||||
| EBIT-% | 10.7 % | 6.4 % | -3.6 % | 0.0 % | |
| ROA | 12.7 % | 20.6 % | 11.1 % | -5.9 % | 0.4 % |
| ROE | 27.5 % | 38.9 % | 17.0 % | -7.5 % | -9.9 % |
| ROI | 17.4 % | 24.2 % | 11.1 % | -5.9 % | 0.5 % |
| Economic value added (EVA) | 10.05 | 39.52 | 22.13 | -23.19 | -6.71 |
| Solvency | |||||
| Equity ratio | 44.3 % | 100.0 % | 100.0 % | 100.0 % | 44.2 % |
| Gearing | 59.9 % | 15.3 % | |||
| Relative net indebtedness % | 27.3 % | ||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.7 | |||
| Current ratio | 1.1 | 1.5 | |||
| Cash and cash equivalents | 23.89 | 11.85 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 32.6 | ||||
| Net working capital % | 10.8 % | ||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | BBB | AA |
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