VESTJYSK MODELSNEDKERI ApS — Credit Rating and Financial Key Figures

CVR number: 15233044
Isefjordsvej 5, 6715 Esbjerg N
vmpbo@vestjyskmodelsnedkeri.dk
tel: 75180325
www.vestjyskmodelsnedkeri.dk

Credit rating

Company information

Official name
VESTJYSK MODELSNEDKERI ApS
Personnel
4 persons
Established
1991
Company form
Private limited company
Industry

About VESTJYSK MODELSNEDKERI ApS

VESTJYSK MODELSNEDKERI ApS (CVR number: 15233044) is a company from ESBJERG. The company recorded a gross profit of 1147 kDKK in 2023. The operating profit was -322.4 kDKK, while net earnings were -266.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -24.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. VESTJYSK MODELSNEDKERI ApS'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 profit1 988.421 394.981 167.101 760.131 147.03
EBIT435.4790.06- 310.77101.37- 322.40
Net earnings318.8071.58- 260.6161.78- 266.61
Shareholders equity total1 359.461 431.041 170.441 232.21965.60
Balance sheet total (assets)2 874.632 936.322 481.872 208.381 760.74
Net debt- 262.26- 754.70- 233.02- 101.32-25.91
Profitability
EBIT-%
ROA16.6 %3.6 %-11.0 %4.8 %-15.8 %
ROE26.6 %5.1 %-20.0 %5.1 %-24.3 %
ROI20.2 %4.7 %-15.1 %6.5 %-21.9 %
Economic value added (EVA)229.16-19.41- 352.50-10.03- 335.51
Solvency
Equity ratio47.3 %48.7 %47.2 %55.8 %54.8 %
Gearing10.5 %10.6 %13.5 %13.4 %17.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.11.40.9
Current ratio1.61.71.41.71.1
Cash and cash equivalents404.99906.85391.25265.88197.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-15.8%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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