M. L. VANGSGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29322139
Strøybergsvej 64, 9000 Aalborg
m-lvangsgaard@hotmail.com
tel: 26821141

Company information

Official name
M. L. VANGSGAARD HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About M. L. VANGSGAARD HOLDING ApS

M. L. VANGSGAARD HOLDING ApS (CVR number: 29322139) is a company from AALBORG. The company recorded a gross profit of 329.9 kDKK in 2023. The operating profit was 159.2 kDKK, while net earnings were 304 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. M. L. VANGSGAARD HOLDING 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit286.00348.00335.00338.00329.93
EBIT115.00177.00164.00167.00159.21
Net earnings387.00703.001 021.001 087.00303.97
Shareholders equity total9 230.009 833.0010 753.0011 640.0011 744.55
Balance sheet total (assets)19 423.0021 189.0019 466.0019 460.0019 295.72
Net debt7 444.008 447.005 717.004 515.004 344.34
Profitability
EBIT-%
ROA2.8 %4.3 %5.7 %7.6 %3.1 %
ROE4.3 %7.4 %9.9 %9.7 %2.6 %
ROI3.2 %4.9 %6.6 %7.6 %3.6 %
Economic value added (EVA)362.89458.49368.84322.64385.19
Solvency
Equity ratio47.5 %46.4 %55.2 %59.8 %60.9 %
Gearing81.7 %85.9 %53.2 %38.9 %37.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.60.70.80.7
Current ratio0.40.60.70.80.7
Cash and cash equivalents95.0018.0017.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.10%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.9%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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