VESTERGAARD COMPANY HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 27520405
Skullebjerg 31, Gevninge 4000 Roskilde
tel: 46422222

Company information

Official name
VESTERGAARD COMPANY HOLDING A/S
Established
2004
Domicile
Gevninge
Company form
Limited company
Industry

About VESTERGAARD COMPANY HOLDING A/S

VESTERGAARD COMPANY HOLDING A/S (CVR number: 27520405K) is a company from LEJRE. The company reported a net sales of 1052.2 mDKK in 2023, demonstrating a growth of 15 % compared to the previous year. The operating profit percentage was at 12.1 % (EBIT: 127.1 mDKK), while net earnings were 94.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTERGAARD COMPANY HOLDING A/S's liquidity measured by quick ratio was -11.8 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales829.82268.01529.24914.951 052.25
Gross profit297.0932.18159.64284.38344.68
EBIT162.19-63.6533.05113.29127.10
Net earnings131.45-54.4137.51100.0194.64
Shareholders equity total607.66554.16592.45678.87752.36
Balance sheet total (assets)924.89966.031 014.871 158.461 434.46
Net debt178.81126.11
Profitability
EBIT-%19.5 %-23.7 %6.2 %12.4 %12.1 %
ROA19.2 %-6.7 %3.3 %12.6 %10.4 %
ROE23.4 %-9.4 %6.5 %15.7 %13.2 %
ROI21.2 %-6.7 %3.3 %12.6 %10.2 %
Economic value added (EVA)140.29-94.185.2160.2160.12
Solvency
Equity ratio100.0 %100.0 %100.0 %73.1 %86.1 %
Gearing30.3 %33.3 %
Relative net indebtedness %20.2 %7.4 %
Liquidity
Quick ratio8.8-11.8
Current ratio12.215.2
Cash and cash equivalents27.08124.35
Capital use efficiency
Trade debtors turnover (days)30.890.6
Net working capital %86.6 %99.5 %
Credit risk
Credit ratingABBBAAAAAA

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.1%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

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