VESTERGAARD COMPANY HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 1552.8 mDKK in 2024, demonstrating a growth of 47.6 % compared to the previous year. The operating profit percentage was at 14.9 % (EBIT: 231.5 mDKK), while net earnings were 165.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.1 %, 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 COMPANY HOLDING A/S'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 268.01 | 529.24 | 914.95 | 1 052.25 | 1 552.77 |
Gross profit | 32.18 | 159.64 | 284.38 | 344.68 | 493.66 |
EBIT | -63.65 | 33.05 | 113.29 | 127.10 | 231.51 |
Net earnings | -54.41 | 37.51 | 100.01 | 94.64 | 165.93 |
Shareholders equity total | 554.16 | 592.45 | 678.87 | 752.36 | 894.84 |
Balance sheet total (assets) | 966.03 | 1 014.87 | 1 158.46 | 1 434.46 | 1 676.34 |
Net debt | 126.11 | 312.16 | |||
Profitability | |||||
EBIT-% | -23.7 % | 6.2 % | 12.4 % | 12.1 % | 14.9 % |
ROA | -6.7 % | 3.3 % | 10.4 % | 10.4 % | 15.4 % |
ROE | -9.4 % | 6.5 % | 15.7 % | 13.2 % | 20.1 % |
ROI | -6.7 % | 3.3 % | 10.4 % | 12.3 % | 20.8 % |
Economic value added (EVA) | -94.18 | 5.21 | 83.52 | 64.47 | 127.09 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 56.8 % | 57.1 % |
Gearing | 33.3 % | 36.9 % | |||
Relative net indebtedness % | 50.2 % | 47.0 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 0.7 | |||
Current ratio | 2.1 | 2.0 | |||
Cash and cash equivalents | 124.35 | 17.63 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 90.6 | 74.3 | |||
Net working capital % | 56.7 % | 42.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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