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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 -83 kDKK in 2024. The operating profit was -89.3 kDKK, while net earnings were 743.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 1.5 %, which can be considered weak. 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 1327.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -71.06 | -66.35 | -80.00 | -77.38 | -82.98 |
| EBIT | - 182.06 | - 155.05 | -65.70 | -80.28 | -89.28 |
| Net earnings | 6 482.03 | -5 209.93 | 2 776.09 | 3 750.82 | 743.31 |
| Shareholders equity total | 48 314.23 | 43 104.30 | 45 880.39 | 49 131.22 | 49 813.53 |
| Balance sheet total (assets) | 48 651.13 | 43 143.60 | 45 910.40 | 49 162.46 | 49 851.08 |
| Net debt | -48 649.13 | -42 667.75 | -45 011.61 | -48 674.58 | -48 967.01 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.0 % | 2.6 % | 8.1 % | 11.0 % | 9.1 % |
| ROE | 14.4 % | -11.4 % | 6.2 % | 7.9 % | 1.5 % |
| ROI | 19.1 % | 2.6 % | 8.1 % | 11.1 % | 9.1 % |
| Economic value added (EVA) | -2 244.01 | -2 583.63 | -2 231.27 | -2 378.79 | -2 538.05 |
| Solvency | |||||
| Equity ratio | 99.3 % | 99.9 % | 99.9 % | 99.9 % | 99.9 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 144.4 | 1 097.7 | 1 530.1 | 1 573.7 | 1 327.6 |
| Current ratio | 144.4 | 1 097.7 | 1 530.1 | 1 573.7 | 1 327.6 |
| Cash and cash equivalents | 48 649.13 | 42 667.75 | 45 011.61 | 48 674.58 | 48 967.01 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | AA | AA | AAA | AAA |
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