VÆGTEN A/S — Credit Rating and Financial Key Figures

CVR number: 12378785
Anelystparken 16, True 8381 Tilst

Company information

Official name
VÆGTEN A/S
Established
1988
Domicile
True
Company form
Limited company
Industry

About VÆGTEN A/S

VÆGTEN A/S (CVR number: 12378785) is a company from AARHUS. The company recorded a gross profit of 18.6 mDKK in 2023. The operating profit was 16.3 mDKK, while net earnings were 13.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18 %, which can be considered excellent and Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.1 %, 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. VÆGTEN A/S'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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales18 951.7019 062.3119 117.62
Gross profit18 032.2418 281.3018 287.3918 632.3718 609.46
EBIT14 845.0615 094.1115 100.2015 585.9716 277.05
Net earnings11 660.4611 884.0011 905.2412 554.2813 851.63
Shareholders equity total85 075.4585 959.4586 864.6888 418.9771 270.60
Balance sheet total (assets)104 113.14102 070.68103 996.94108 954.0590 118.62
Net debt12 056.537 744.1610 005.3012 721.6811 673.83
Profitability
EBIT-%78.3 %79.2 %79.0 %
ROA14.7 %14.8 %14.9 %15.2 %18.0 %
ROE13.8 %13.9 %13.8 %14.3 %17.3 %
ROI15.3 %15.6 %15.7 %15.9 %18.9 %
Economic value added (EVA)6 912.767 119.907 125.247 502.538 009.23
Solvency
Equity ratio81.7 %84.2 %83.5 %81.2 %79.1 %
Gearing14.2 %9.0 %11.5 %14.4 %16.4 %
Relative net indebtedness %87.3 %71.6 %76.9 %
Liquidity
Quick ratio2.02.72.72.41.2
Current ratio2.02.72.72.41.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %45.9 %62.1 %78.4 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:18.0%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.1%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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