ApS NORDVESTJYDSK VÆDDELØBSBANE — Credit Rating and Financial Key Figures

CVR number: 24364313
Feldingbjergvej 27, Grønkær 7850 Stoholm Jyll

Credit rating

Company information

Official name
ApS NORDVESTJYDSK VÆDDELØBSBANE
Established
1986
Domicile
Grønkær
Company form
Private limited company
Industry

About ApS NORDVESTJYDSK VÆDDELØBSBANE

ApS NORDVESTJYDSK VÆDDELØBSBANE (CVR number: 24364313) is a company from VIBORG. The company recorded a gross profit of 186.9 kDKK in 2023. The operating profit was 44.8 kDKK, while net earnings were 20.1 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 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ApS NORDVESTJYDSK VÆDDELØBSBANE's liquidity measured by quick ratio was 0.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit271.62236.09173.99225.09186.93
EBIT129.5093.9731.8782.9744.81
Net earnings72.6448.3810.1737.6520.09
Shareholders equity total1 233.181 281.571 291.741 329.391 349.47
Balance sheet total (assets)3 980.073 830.613 580.933 401.973 210.04
Net debt1 932.351 708.561 585.231 390.001 207.01
Profitability
EBIT-%
ROA3.2 %2.4 %0.9 %2.4 %1.4 %
ROE6.1 %3.8 %0.8 %2.9 %1.5 %
ROI3.2 %2.4 %0.9 %2.4 %1.4 %
Economic value added (EVA)-51.72-73.62- 106.77-79.56-88.84
Solvency
Equity ratio31.0 %33.5 %36.1 %39.1 %42.0 %
Gearing191.6 %166.3 %147.0 %125.4 %106.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.51.21.10.9
Current ratio1.61.51.21.10.9
Cash and cash equivalents430.29422.96314.14277.31228.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:1.36%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.0%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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