AUTOHUSET VESTERGAARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AUTOHUSET VESTERGAARD A/S
AUTOHUSET VESTERGAARD A/S (CVR number: 70539128) is a company from HORSENS. The company reported a net sales of 653.4 mDKK in 2023, demonstrating a growth of 6.2 % compared to the previous year. The operating profit percentage was at 10.2 % (EBIT: 66.6 mDKK), while net earnings were 50 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.3 %, which can be considered excellent and Return on Equity (ROE) was 58.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AUTOHUSET VESTERGAARD A/S's liquidity measured by quick ratio was 4579.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 587.22 | 524.96 | 586.20 | 615.46 | 653.36 |
Gross profit | 587.22 | 524.96 | 586.20 | 161.75 | 178.39 |
EBIT | 37.50 | 42.54 | 58.96 | 60.08 | 66.59 |
Net earnings | 27.65 | 31.57 | 44.99 | 46.09 | 50.03 |
Shareholders equity total | 61.01 | 66.01 | 81.46 | 86.13 | 84.09 |
Balance sheet total (assets) | 325.11 | 275.47 | 308.14 | 319.54 | 348.85 |
Net debt | 83.61 | 115.12 | |||
Profitability | |||||
EBIT-% | 6.4 % | 8.1 % | 10.1 % | 9.8 % | 10.2 % |
ROA | 11.6 % | 14.2 % | 20.2 % | 19.9 % | 21.3 % |
ROE | 37.9 % | 49.7 % | 61.0 % | 55.0 % | 58.8 % |
ROI | 13.2 % | 14.2 % | 20.2 % | 23.7 % | 21.8 % |
Economic value added (EVA) | 31.37 | 39.48 | 55.64 | 42.72 | 46.95 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 27.0 % | 54.4 % |
Gearing | 107.3 % | 137.0 % | |||
Relative net indebtedness % | 33.0 % | 7.6 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 4 579.7 | |||
Current ratio | 1.4 | 13 547.4 | |||
Cash and cash equivalents | 8.80 | 0.11 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 25.3 | 16.4 | |||
Net working capital % | 10.5 % | 39.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | A |
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