VESTJYLLANDS ANDEL A.M.B.A. — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 727 867.00 | 3 505 523.00 | |||
Gross profit | 210 712.00 | 263 190.00 | |||
EBIT | 18 779.00 | 53 255.00 | |||
Net earnings | 104 420.00 | 110 112.00 | |||
Shareholders equity total | 1 036 189.88 | 1 097 767.00 | 1 201 856.00 | ||
Balance sheet total (assets) | 2 212 134.00 | 2 446 218.00 | |||
Net debt | 458 885.00 | 657 513.00 | |||
Profitability | |||||
EBIT-% | 0.7 % | 1.5 % | |||
ROA | 5.3 % | 6.1 % | |||
ROE | 4.9 % | 9.6 % | |||
ROI | 7.4 % | 8.2 % | |||
Economic value added (EVA) | 1 380.56 | -38 256.25 | 65 700.17 | ||
Solvency | |||||
Equity ratio | 100.0 % | 61.2 % | 57.2 % | ||
Gearing | 41.9 % | 55.2 % | |||
Relative net indebtedness % | 40.8 % | 35.3 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | |||
Current ratio | 0.7 | 0.7 | |||
Cash and cash equivalents | 809.00 | 5 700.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 40.3 | 31.6 | |||
Net working capital % | -11.5 % | -10.2 % | |||
Credit risk | |||||
Credit rating | B | AAA | AA |
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