VESTERVIG BYFORNYELSE ApS — Credit Rating and Financial Key Figures

CVR number: 29793514
Strangesensvej 7, 7770 Vestervig
tel: 25137127

Company information

Official name
VESTERVIG BYFORNYELSE ApS
Established
2006
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales38.5043.3463.6395.52100.50
Gross profit-12.78-56.3472.6045.45- 132.48
EBIT-21.46-65.0263.9236.77- 132.48
Net earnings-17.20-49.6156.6128.66- 131.84
Shareholders equity total608.84559.23615.83644.49512.65
Balance sheet total (assets)648.42601.46709.44702.28717.40
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)-24.28-57.1024.3826.75- 135.34
Solvency
Equity ratio94.0 %93.9 %87.4 %92.6 %71.6 %
Gearing0.2 %0.2 %0.2 %0.2 %0.2 %
Relative net indebtedness %-1126.9 %-25.2 %-768.8 %-554.6 %-12.6 %
Liquidity
Quick ratio29.77.210.932.63.3
Current ratio29.75.410.125.53.3
Cash and cash equivalents473.5053.15582.82587.49217.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1311.0 %204.0 %850.7 %605.9 %394.9 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-18.5%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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