VESTAS SHARED SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 31623685
Hedeager 42, 8200 Aarhus N

Credit rating

Company information

Official name
VESTAS SHARED SERVICE A/S
Established
2008
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About VESTAS SHARED SERVICE A/S

VESTAS SHARED SERVICE A/S (CVR number: 31623685) is a company from AARHUS. The company recorded a gross profit of 167.8 mDKK in 2023. The operating profit was 8758 kDKK, while net earnings were 8249 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.6 %, 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. VESTAS SHARED SERVICE A/S's liquidity measured by quick ratio was 4.5 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit75 080.0074 573.0071 325.00106 775.00167 784.00
EBIT75 080.0074 573.0071 325.005 395.008 758.00
Net earnings10 688.005 469.006 348.005 706.008 249.00
Shareholders equity total106 725.00113 877.00120 225.00120 882.00128 675.00
Balance sheet total (assets)122 897.00150 937.00144 644.00145 631.00165 770.00
Net debt-15 227.00-39 919.00
Profitability
EBIT-%
ROA56.3 %54.5 %48.3 %4.1 %8.0 %
ROE10.7 %5.0 %5.4 %4.7 %6.6 %
ROI57.9 %54.5 %48.3 %4.4 %9.6 %
Economic value added (EVA)71 462.5069 210.0765 602.68- 780.01866.58
Solvency
Equity ratio100.0 %100.0 %100.0 %83.0 %77.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio7.84.5
Current ratio7.84.5
Cash and cash equivalents15 227.0039 919.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:7.99%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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