AUTOHUSET VESTERGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 70539128
Vrøndingvej 3, 8700 Horsens
tel: 76594000

Credit rating

Company information

Official name
AUTOHUSET VESTERGAARD A/S
Personnel
224 persons
Established
1982
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales587.22524.96586.20615.46653.36
Gross profit587.22524.96586.20161.75178.39
EBIT37.5042.5458.9660.0866.59
Net earnings27.6531.5744.9946.0950.03
Shareholders equity total61.0166.0181.4686.1384.09
Balance sheet total (assets)325.11275.47308.14319.54348.85
Net debt83.61115.12
Profitability
EBIT-%6.4 %8.1 %10.1 %9.8 %10.2 %
ROA11.6 %14.2 %20.2 %19.9 %21.3 %
ROE37.9 %49.7 %61.0 %55.0 %58.8 %
ROI13.2 %14.2 %20.2 %23.7 %21.8 %
Economic value added (EVA)31.3739.4855.6442.7246.95
Solvency
Equity ratio100.0 %100.0 %100.0 %27.0 %54.4 %
Gearing107.3 %137.0 %
Relative net indebtedness %33.0 %7.6 %
Liquidity
Quick ratio0.74 579.7
Current ratio1.413 547.4
Cash and cash equivalents8.800.11
Capital use efficiency
Trade debtors turnover (days)25.316.4
Net working capital %10.5 %39.4 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:21.3%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.4%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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