AUTOHUSET VESTERGAARD HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AUTOHUSET VESTERGAARD HOLDING A/S
AUTOHUSET VESTERGAARD HOLDING A/S (CVR number: 66438813K) is a company from HORSENS. The company reported a net sales of 4655.5 mDKK in 2023, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 2.5 % (EBIT: 118.3 mDKK), while net earnings were 68.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. AUTOHUSET VESTERGAARD HOLDING A/S's liquidity measured by quick ratio was 26403.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 797.10 | 3 793.23 | 4 230.06 | 4 625.56 | 4 655.52 |
Gross profit | 3 797.10 | 3 793.23 | 4 230.06 | 740.18 | 704.69 |
EBIT | 123.62 | 123.64 | 178.86 | 161.79 | 118.34 |
Net earnings | 87.24 | 84.37 | 132.81 | 100.05 | 68.59 |
Shareholders equity total | 593.04 | 663.22 | 771.72 | 835.47 | 876.39 |
Balance sheet total (assets) | 1 777.11 | 1 848.26 | 1 980.65 | 2 039.63 | 2 055.67 |
Net debt | 148.07 | 188.40 | |||
Profitability | |||||
EBIT-% | 3.3 % | 3.3 % | 4.2 % | 3.5 % | 2.5 % |
ROA | 7.4 % | 6.8 % | 9.3 % | 8.3 % | 6.5 % |
ROE | 15.9 % | 13.4 % | 18.5 % | 12.6 % | 8.1 % |
ROI | 8.6 % | 6.8 % | 9.3 % | 9.5 % | 7.0 % |
Economic value added (EVA) | 96.13 | 93.84 | 145.53 | 84.85 | 54.53 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 41.0 % | 65.4 % |
Gearing | 30.4 % | 35.3 % | |||
Relative net indebtedness % | 21.6 % | 5.4 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 26 403.6 | |||
Current ratio | 1.6 | 62 030.5 | |||
Cash and cash equivalents | 106.11 | 120.62 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 22.6 | 23.6 | |||
Net working capital % | 7.9 % | 23.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | A |
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