Vestergaard Solutions ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vestergaard Solutions ApS
Vestergaard Solutions ApS (CVR number: 41009780) is a company from HOLSTEBRO. The company recorded a gross profit of 992.2 kDKK in 2023. The operating profit was -3 kDKK, while net earnings were -18.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. Vestergaard Solutions ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 286.48 | 807.95 | 777.57 | 992.20 |
EBIT | 404.93 | 115.58 | 147.79 | -3.00 |
Net earnings | 311.07 | 89.29 | 116.71 | -18.21 |
Shareholders equity total | 351.07 | 140.36 | 157.08 | 138.87 |
Balance sheet total (assets) | 810.12 | 409.42 | 538.13 | 379.91 |
Net debt | - 567.11 | - 211.32 | - 375.50 | - 128.16 |
Profitability | ||||
EBIT-% | ||||
ROA | 50.0 % | 19.4 % | 31.9 % | -0.7 % |
ROE | 88.6 % | 36.3 % | 78.5 % | -12.3 % |
ROI | 96.7 % | 42.1 % | 99.1 % | -2.0 % |
Economic value added (EVA) | 313.96 | 99.99 | 118.58 | 8.03 |
Solvency | ||||
Equity ratio | 56.1 % | 34.3 % | 29.2 % | 36.6 % |
Gearing | 1.9 % | 3.5 % | 4.4 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 3.9 | 1.5 | 1.4 | 1.6 |
Current ratio | 2.1 | 1.5 | 1.4 | 1.6 |
Cash and cash equivalents | 567.11 | 213.97 | 380.98 | 134.24 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BB |
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