KARSTEN VESTERGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31170575
Ølsemagle Kirkevej 73, 4600 Køge

Company information

Official name
KARSTEN VESTERGAARD HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About KARSTEN VESTERGAARD HOLDING ApS

KARSTEN VESTERGAARD HOLDING ApS (CVR number: 31170575K) is a company from KØGE. The company recorded a gross profit of 26.9 mDKK in 2021. The operating profit was 7364.9 kDKK, while net earnings were 14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 38.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KARSTEN VESTERGAARD HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
Volume
Net sales
Gross profit26 289.9029 534.4626 858.13
EBIT4 618.176 016.907 364.91
Net earnings1 306.994 310.6214 557.03
Shareholders equity total37 152.2141 905.2144 611.87
Balance sheet total (assets)112 668.76133 448.33130 504.44
Net debt4 435.5621 668.0835 247.38
Profitability
EBIT-%
ROA4.4 %5.3 %12.9 %
ROE4.0 %12.5 %38.8 %
ROI7.5 %9.2 %19.6 %
Economic value added (EVA)3 296.242 899.723 886.23
Solvency
Equity ratio33.0 %31.5 %34.4 %
Gearing62.9 %75.0 %118.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.81.3
Current ratio1.00.81.3
Cash and cash equivalents18 920.819 743.9817 392.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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