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: 31170575) is a company from KØGE. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a decline of -82.6 % compared to the previous year. The operating profit percentage was at 129.3 % (EBIT: 1.1 mDKK), while net earnings were 2437.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93 %, 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 11.5 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
2019
2020
2021
2022
2023
Volume
Net sales640.482 853.573 108.974 975.67864.41
Gross profit751.392 911.863 060.134 869.771 117.53
EBIT670.022 873.623 021.904 831.541 117.53
Net earnings814.883 407.4613 043.135 520.092 437.58
Shareholders equity total33 036.6935 537.1238 076.4343 741.1344 901.74
Balance sheet total (assets)41 758.9339 000.7843 007.7246 464.0148 300.63
Net debt-7 076.34-3 197.74-8 431.44100.60-1 664.15
Profitability
EBIT-%104.6 %100.7 %97.2 %97.1 %129.3 %
ROA2.5 %8.9 %32.0 %13.0 %6.1 %
ROE2.5 %9.9 %35.4 %13.5 %5.5 %
ROI2.6 %9.6 %35.7 %14.2 %6.5 %
Economic value added (EVA)182.482 597.702 204.364 266.75225.94
Solvency
Equity ratio79.1 %91.1 %88.5 %94.1 %93.0 %
Gearing18.3 %0.3 %1.3 %
Relative net indebtedness %-684.7 %9.3 %-112.6 %53.5 %131.7 %
Liquidity
Quick ratio2.97.45.910.711.5
Current ratio2.97.45.910.711.5
Cash and cash equivalents13 107.463 197.748 431.4446.812 244.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %2638.0 %775.4 %781.3 %525.5 %4127.4 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:6.13%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.0%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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