VESTJYSK KITTEL SERVICE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTJYSK KITTEL SERVICE HOLDING ApS
VESTJYSK KITTEL SERVICE HOLDING ApS (CVR number: 21509582) is a company from ESBJERG. The company recorded a gross profit of -306.3 kDKK in 2023. The operating profit was -561.2 kDKK, while net earnings were -207.2 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 -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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. VESTJYSK KITTEL SERVICE HOLDING ApS's liquidity measured by quick ratio was 81.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 295.99 | - 146.88 | - 114.90 | - 206.78 | - 306.33 |
EBIT | - 776.94 | - 435.60 | - 499.25 | - 542.54 | - 561.21 |
Net earnings | - 119.97 | - 322.70 | 679.09 | - 725.85 | - 207.18 |
Shareholders equity total | 8 298.62 | 7 865.32 | 8 431.41 | 7 548.23 | 7 223.24 |
Balance sheet total (assets) | 8 344.09 | 7 907.63 | 10 681.91 | 9 559.09 | 9 496.52 |
Net debt | -8 206.91 | -7 652.20 | -6 037.53 | -5 345.62 | -5 068.55 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.0 % | -2.3 % | 7.1 % | -4.6 % | -1.4 % |
ROE | -1.4 % | -4.0 % | 8.3 % | -9.1 % | -2.8 % |
ROI | -1.0 % | -2.3 % | 7.2 % | -4.6 % | -1.4 % |
Economic value added (EVA) | - 798.83 | - 440.16 | - 543.66 | - 662.84 | - 608.37 |
Solvency | |||||
Equity ratio | 99.5 % | 99.5 % | 78.9 % | 79.0 % | 76.1 % |
Gearing | 0.0 % | 25.8 % | 26.2 % | 31.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 182.9 | 183.7 | 118.0 | 219.6 | 81.7 |
Current ratio | 182.9 | 183.7 | 118.0 | 219.6 | 81.7 |
Cash and cash equivalents | 8 207.85 | 7 652.20 | 8 216.46 | 7 323.46 | 7 308.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
Variable visualization
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