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KARSTEN VESTERGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31170575
Ølbyvej 110 A, 4600 Køge

Credit rating

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: 31170575) is a company from KØGE. The company recorded a gross profit of -14.6 kDKK in 2024. The operating profit was -14.6 kDKK, while net earnings were 110.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KARSTEN VESTERGAARD HOLDING ApS's liquidity measured by quick ratio was 9.8 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 853.573 108.974 975.67
Gross profit2 911.863 060.134 869.77253.12-14.59
EBIT2 873.623 021.904 831.54253.12-14.59
Net earnings3 407.4613 043.135 520.092 437.58110.94
Shareholders equity total35 537.1238 076.4343 741.1344 901.7446 158.39
Balance sheet total (assets)39 000.7843 007.7246 464.0148 300.6352 756.59
Net debt-3 197.74-8 431.44100.60-1 667.911 387.42
Profitability
EBIT-%100.7 %97.2 %97.1 %
ROA8.9 %32.0 %13.0 %6.2 %1.4 %
ROE9.9 %35.4 %13.5 %5.5 %0.2 %
ROI9.6 %35.7 %14.2 %6.5 %1.6 %
Economic value added (EVA)813.091 223.862 775.43-2 004.15-2 297.71
Solvency
Equity ratio91.1 %88.5 %94.1 %93.0 %87.5 %
Gearing0.3 %1.3 %3.4 %
Relative net indebtedness %9.3 %-112.6 %53.5 %
Liquidity
Quick ratio7.45.910.711.59.8
Current ratio7.45.910.711.59.8
Cash and cash equivalents3 197.748 431.4446.812 244.32179.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %775.4 %781.3 %525.5 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.44%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.5%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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