VESTJYSK UDVIKLING A/S — Credit Rating and Financial Key Figures

CVR number: 30351053
Holstebrovej 11 A, Rindum 6950 Ringkøbing
tel: 97320844
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Company information

Official name
VESTJYSK UDVIKLING A/S
Established
2007
Domicile
Rindum
Company form
Limited company
Industry

About VESTJYSK UDVIKLING A/S

VESTJYSK UDVIKLING A/S (CVR number: 30351053) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 384.7 kDKK in 2024. The operating profit was 384.7 kDKK, while net earnings were -51.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 120.8 %, which can be considered excellent but Return on Equity (ROE) was -20 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VESTJYSK UDVIKLING A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-35.531 706.56- 113.08-17.82384.66
EBIT-35.531 706.56- 113.08-17.82384.66
Net earnings- 197.892 478.51-1.79-18.83-51.79
Shareholders equity total-2 491.01-12.50-14.29-33.12-84.91
Balance sheet total (assets)7 206.271 159.47208.6740.91478.24
Net debt8 608.93-1 153.251.7920.6272.74
Profitability
EBIT-%
ROA-0.3 %60.8 %0.7 %-12.0 %120.8 %
ROE-2.6 %59.3 %-0.3 %-15.1 %-20.0 %
ROI-0.3 %69.6 %4.3 %-13.1 %551.2 %
Economic value added (EVA)- 428.90980.89- 112.71-27.68383.23
Solvency
Equity ratio3.6 %-1.1 %-6.4 %-44.7 %-15.1 %
Gearing-380.7 %-40.0 %-1473.0 %-185.8 %-91.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.00.90.60.8
Current ratio9.31.00.90.60.8
Cash and cash equivalents874.001 158.25208.6740.915.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:120.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-15.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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