Credit rating
Company information
About VESTFRUGT ApS
VESTFRUGT ApS (CVR number: 25367340) is a company from ESBJERG. The company recorded a gross profit of 2891.8 kDKK in 2022. The operating profit was -222.2 kDKK, while net earnings were -181.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -17.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VESTFRUGT ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 756.73 | 3 403.58 | 3 026.65 | 3 375.20 | 2 891.83 |
EBIT | - 597.93 | -38.44 | - 266.41 | 122.78 | - 222.17 |
Net earnings | - 372.95 | 44.69 | - 220.47 | 90.57 | - 181.73 |
Shareholders equity total | 1 232.72 | 1 277.42 | 1 056.95 | 1 147.52 | 965.79 |
Balance sheet total (assets) | 6 980.43 | 5 662.97 | 5 099.64 | 5 662.71 | 4 170.70 |
Net debt | 1 561.13 | 812.83 | 743.46 | 235.14 | 987.98 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.9 % | 2.8 % | -3.7 % | 2.9 % | -4.0 % |
ROE | -26.3 % | 3.6 % | -18.9 % | 8.2 % | -17.2 % |
ROI | -14.1 % | 6.9 % | -9.9 % | 9.6 % | -11.4 % |
Economic value added (EVA) | - 543.06 | -76.77 | - 272.22 | 43.40 | - 232.62 |
Solvency | |||||
Equity ratio | 17.7 % | 22.6 % | 20.7 % | 20.3 % | 23.2 % |
Gearing | 145.7 % | 69.3 % | 72.9 % | 27.0 % | 103.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.1 | 1.2 | 1.2 |
Current ratio | 1.1 | 1.2 | 1.2 | 1.2 | 1.3 |
Cash and cash equivalents | 234.45 | 72.06 | 27.18 | 74.48 | 12.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | B | BB |
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