A/S J. VESTERGAARD — Credit Rating and Financial Key Figures

CVR number: 34423016
Buen 11, 6000 Kolding

Company information

Official name
A/S J. VESTERGAARD
Personnel
1 person
Established
1971
Company form
Limited company
Industry

About A/S J. VESTERGAARD

A/S J. VESTERGAARD (CVR number: 34423016) is a company from KOLDING. The company recorded a gross profit of 3770.2 kDKK in 2021. The operating profit was 3719.9 kDKK, while net earnings were 3389.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59 %, which can be considered excellent and Return on Equity (ROE) was 76.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S J. VESTERGAARD's liquidity measured by quick ratio was 21.3 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit522.07496.83298.04256.363 770.22
EBIT211.53191.89289.99118.013 719.88
Net earnings-40.4899.81180.40119.653 389.65
Shareholders equity total3 866.613 966.424 146.824 266.474 547.41
Balance sheet total (assets)7 745.247 715.197 772.197 663.945 113.60
Net debt1 998.311 876.241 624.801 487.91-4 861.00
Profitability
EBIT-%
ROA2.4 %2.5 %3.8 %1.5 %59.0 %
ROE-0.9 %2.5 %4.4 %2.8 %76.9 %
ROI2.5 %2.6 %3.9 %1.6 %63.0 %
Economic value added (EVA)24.6417.7497.67- 197.363 125.08
Solvency
Equity ratio49.9 %51.4 %53.4 %55.7 %88.9 %
Gearing68.6 %63.1 %55.6 %51.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.61.81.821.3
Current ratio1.71.61.81.821.3
Cash and cash equivalents652.61628.43681.42702.094 861.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABB

Variable visualization

ROA:59.0%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.9%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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