VEST-FOOD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEST-FOOD ApS
VEST-FOOD ApS (CVR number: 88219414) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -77.4 kDKK in 2023. The operating profit was -80.3 kDKK, while net earnings were 3750.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VEST-FOOD ApS's liquidity measured by quick ratio was 1573.7 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 | -82.13 | -71.06 | -66.35 | -80.00 | -77.38 |
EBIT | - 185.03 | - 182.06 | - 155.05 | -65.70 | -80.28 |
Net earnings | 843.20 | 6 482.03 | -5 209.93 | 2 776.09 | 3 750.82 |
Shareholders equity total | 41 832.21 | 48 314.23 | 43 104.30 | 45 880.39 | 49 131.22 |
Balance sheet total (assets) | 41 885.60 | 48 651.13 | 43 143.60 | 45 910.40 | 49 162.46 |
Net debt | -41 776.30 | -48 649.13 | -42 667.75 | -45 011.61 | -48 674.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.2 % | 19.0 % | 2.6 % | 8.1 % | 11.0 % |
ROE | 2.0 % | 14.4 % | -11.4 % | 6.2 % | 7.9 % |
ROI | 3.2 % | 19.1 % | 2.6 % | 8.1 % | 11.1 % |
Economic value added (EVA) | - 147.17 | - 144.75 | - 139.01 | -87.21 | - 116.96 |
Solvency | |||||
Equity ratio | 99.9 % | 99.3 % | 99.9 % | 99.9 % | 99.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 784.4 | 144.4 | 1 097.7 | 1 530.1 | 1 573.7 |
Current ratio | 784.4 | 144.4 | 1 097.7 | 1 530.1 | 1 573.7 |
Cash and cash equivalents | 41 776.30 | 48 649.13 | 42 667.75 | 45 011.61 | 48 674.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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