Bandagist Vest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Bandagist Vest ApS
Bandagist Vest ApS (CVR number: 39387468) is a company from HOLSTEBRO. The company recorded a gross profit of 2913.7 kDKK in 2023. The operating profit was -32.3 kDKK, while net earnings were -38.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Bandagist Vest ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 300.07 | 3 069.68 | 3 183.58 | 3 327.32 | 2 913.70 |
EBIT | 300.25 | 940.55 | 487.80 | 383.41 | -32.31 |
Net earnings | 232.65 | 726.63 | 371.00 | 288.44 | -38.94 |
Shareholders equity total | 351.32 | 1 077.96 | 1 048.96 | 1 037.40 | 798.45 |
Balance sheet total (assets) | 1 804.89 | 2 084.37 | 2 511.78 | 2 346.83 | 2 117.04 |
Net debt | - 392.37 | - 548.07 | - 147.93 | 142.27 | - 351.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.6 % | 48.4 % | 21.2 % | 15.8 % | -1.4 % |
ROE | 56.3 % | 101.7 % | 34.9 % | 27.6 % | -4.2 % |
ROI | 53.7 % | 118.3 % | 38.1 % | 24.3 % | -2.0 % |
Economic value added (EVA) | 215.38 | 738.80 | 354.39 | 272.04 | -51.80 |
Solvency | |||||
Equity ratio | 19.5 % | 51.7 % | 41.8 % | 44.2 % | 37.7 % |
Gearing | 25.8 % | 0.9 % | 36.0 % | 65.3 % | 75.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.4 | 1.2 | 1.5 | 1.3 |
Current ratio | 0.8 | 1.7 | 1.5 | 1.6 | 1.5 |
Cash and cash equivalents | 483.06 | 558.00 | 525.86 | 535.40 | 953.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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