VESTERGAARD MARINE SERVICE HOLDING ApS — Credit Rating and Financial Key Figures

VESTERGAARD MARINE SERVICE HOLDING ApS (CVR number: 27478867K) is a company from FREDERIKSHAVN. The company reported a net sales of 567.4 mDKK in 2023, demonstrating a growth of 50.4 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 47.2 mDKK), while net earnings were 32.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 45.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.7 %, 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. VESTERGAARD MARINE SERVICE HOLDING ApS's liquidity measured by quick ratio was 3.4 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.