VESTERVIG BYFORNYELSE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTERVIG BYFORNYELSE ApS
VESTERVIG BYFORNYELSE ApS (CVR number: 29793514) is a company from THISTED. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a growth of 5.2 % compared to the previous year. The operating profit percentage was poor at -131.8 % (EBIT: -0.1 mDKK), while net earnings were -131.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.5 %, which can be considered poor and Return on Equity (ROE) was -22.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VESTERVIG BYFORNYELSE ApS's liquidity measured by quick ratio was 3.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 38.50 | 43.34 | 63.63 | 95.52 | 100.50 |
Gross profit | -12.78 | -56.34 | 72.60 | 45.45 | - 132.48 |
EBIT | -21.46 | -65.02 | 63.92 | 36.77 | - 132.48 |
Net earnings | -17.20 | -49.61 | 56.61 | 28.66 | - 131.84 |
Shareholders equity total | 608.84 | 559.23 | 615.83 | 644.49 | 512.65 |
Balance sheet total (assets) | 648.42 | 601.46 | 709.44 | 702.28 | 717.40 |
Net debt | - 472.50 | -52.15 | - 581.82 | - 586.49 | - 216.40 |
Profitability | |||||
EBIT-% | -55.7 % | -150.0 % | 100.5 % | 38.5 % | -131.8 % |
ROA | -2.8 % | -10.0 % | 11.1 % | 5.3 % | -18.5 % |
ROE | -2.8 % | -8.5 % | 9.6 % | 4.5 % | -22.8 % |
ROI | -2.9 % | -10.3 % | 11.9 % | 5.6 % | -21.4 % |
Economic value added (EVA) | -24.28 | -57.10 | 24.38 | 26.75 | - 135.34 |
Solvency | |||||
Equity ratio | 94.0 % | 93.9 % | 87.4 % | 92.6 % | 71.6 % |
Gearing | 0.2 % | 0.2 % | 0.2 % | 0.2 % | 0.2 % |
Relative net indebtedness % | -1126.9 % | -25.2 % | -768.8 % | -554.6 % | -12.6 % |
Liquidity | |||||
Quick ratio | 29.7 | 7.2 | 10.9 | 32.6 | 3.3 |
Current ratio | 29.7 | 5.4 | 10.1 | 25.5 | 3.3 |
Cash and cash equivalents | 473.50 | 53.15 | 582.82 | 587.49 | 217.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1311.0 % | 204.0 % | 850.7 % | 605.9 % | 394.9 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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