Vesterbæk Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vesterbæk Holding ApS
Vesterbæk Holding ApS (CVR number: 39392283) is a company from VEJEN. The company recorded a gross profit of 87.8 kDKK in 2023. The operating profit was 50.8 kDKK, while net earnings were -41.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21 %, 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. Vesterbæk Holding ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.00 | 278.24 | 265.88 | 279.57 | 87.77 |
EBIT | -5.00 | 246.52 | 234.16 | 247.85 | 50.76 |
Net earnings | 115.80 | 57.93 | 251.53 | 333.33 | -41.73 |
Shareholders equity total | 333.87 | 391.79 | 643.33 | 976.66 | 934.93 |
Balance sheet total (assets) | 3 625.33 | 3 673.67 | 3 943.03 | 4 249.22 | 4 443.52 |
Net debt | 750.00 | 649.19 | 759.29 | 765.99 | 458.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | 5.8 % | 10.2 % | 11.8 % | 1.1 % |
ROE | 42.0 % | 16.0 % | 48.6 % | 41.2 % | -4.4 % |
ROI | 6.3 % | 6.4 % | 11.4 % | 13.7 % | 1.3 % |
Economic value added (EVA) | 3.83 | 196.59 | 191.03 | 186.08 | 56.22 |
Solvency | |||||
Equity ratio | 9.2 % | 10.7 % | 16.3 % | 23.0 % | 21.0 % |
Gearing | 224.6 % | 165.9 % | 130.5 % | 79.5 % | 66.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.1 | 0.2 | 0.2 | 0.5 |
Current ratio | 0.0 | 0.1 | 0.2 | 0.2 | 0.5 |
Cash and cash equivalents | 0.81 | 80.15 | 10.15 | 166.97 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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