B. Vangsted Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About B. Vangsted Holding ApS
B. Vangsted Holding ApS (CVR number: 39604965) is a company from MIDDELFART. The company reported a net sales of 2.8 mDKK in 2023, demonstrating a growth of 81.1 % compared to the previous year. The operating profit percentage was at 94.6 % (EBIT: 2.6 mDKK), while net earnings were 5425.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. B. Vangsted Holding ApS's liquidity measured by quick ratio was 2.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 32 238.76 | 5 813.82 | -2 287.55 | 1 528.88 | 2 769.29 |
Gross profit | 32 215.46 | 5 735.15 | -2 459.16 | 1 497.20 | 2 618.65 |
EBIT | 32 215.46 | 5 735.15 | -2 459.16 | 1 497.20 | 2 618.65 |
Net earnings | 28 651.77 | 8 826.26 | -3 805.69 | 2 889.23 | 5 425.84 |
Shareholders equity total | 84 515.54 | 89 041.80 | 79 236.10 | 79 125.33 | 68 896.18 |
Balance sheet total (assets) | 111 278.98 | 95 302.96 | 82 710.79 | 81 127.90 | 86 848.22 |
Net debt | -4 896.21 | -39 206.68 | -29 904.11 | -29 105.08 | -16 898.88 |
Profitability | |||||
EBIT-% | 99.9 % | 98.6 % | 97.9 % | 94.6 % | |
ROA | 42.3 % | 9.6 % | -1.6 % | 4.1 % | 7.6 % |
ROE | 40.7 % | 10.2 % | -4.5 % | 3.6 % | 7.3 % |
ROI | 35.3 % | 9.6 % | -1.7 % | 4.1 % | 7.7 % |
Economic value added (EVA) | 33 058.43 | 6 898.95 | -2 457.44 | 965.50 | 1 949.35 |
Solvency | |||||
Equity ratio | 75.9 % | 93.4 % | 95.8 % | 97.5 % | 79.3 % |
Gearing | 31.6 % | 1.9 % | 2.1 % | 1.3 % | 22.0 % |
Relative net indebtedness % | -15.0 % | -595.4 % | 1228.6 % | -1840.2 % | -509.6 % |
Liquidity | |||||
Quick ratio | 1.5 | 27.3 | 22.0 | 27.0 | 2.8 |
Current ratio | 1.5 | 27.3 | 22.0 | 27.0 | 2.8 |
Cash and cash equivalents | 31 612.54 | 40 876.06 | 31 578.57 | 30 137.30 | 32 065.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -43.9 % | 310.9 % | -455.7 % | 746.0 % | -86.3 % |
Credit risk | |||||
Credit rating | AA | AAA | A | AA | AA |
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