VESTJYLLANDS ANDEL A.M.B.A. — Credit Rating and Financial Key Figures

CVR number: 61729615
Vester Kær 16, 6950 Ringkøbing
tel: 97322350

Credit rating

Company information

Official name
VESTJYLLANDS ANDEL A.M.B.A.
Personnel
274 persons
Established
1988
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VESTJYLLANDS ANDEL A.M.B.A.

VESTJYLLANDS ANDEL A.M.B.A. (CVR number: 61729615) is a company from RINGKØBING-SKJERN. The company reported a net sales of 3505.5 mDKK in 2022, demonstrating a growth of 28.5 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 53.3 mDKK), while net earnings were 110.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.2 %, 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. VESTJYLLANDS ANDEL A.M.B.A.'s liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales2 727 867.003 505 523.00
Gross profit210 712.00263 190.00
EBIT18 779.0053 255.00
Net earnings104 420.00110 112.00
Shareholders equity total1 036 189.881 097 767.001 201 856.00
Balance sheet total (assets)2 212 134.002 446 218.00
Net debt458 885.00657 513.00
Profitability
EBIT-%0.7 %1.5 %
ROA5.3 %6.1 %
ROE4.9 %9.6 %
ROI7.4 %8.2 %
Economic value added (EVA)1 380.56-38 256.2565 700.17
Solvency
Equity ratio100.0 %61.2 %57.2 %
Gearing41.9 %55.2 %
Relative net indebtedness %40.8 %35.3 %
Liquidity
Quick ratio0.60.5
Current ratio0.70.7
Cash and cash equivalents809.005 700.00
Capital use efficiency
Trade debtors turnover (days)40.331.6
Net working capital %-11.5 %-10.2 %
Credit risk
Credit ratingBAAAAA

Variable visualization

ROA:6.15%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Chief executive officer

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