Vesthimmerlands Forsyning Holding A/S — Credit Rating and Financial Key Figures

Vesthimmerlands Forsyning Holding A/S (CVR number: 39192772K) is a company from VESTHIMMERLANDS. The company reported a net sales of 148.7 mDKK in 2023, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was at 4.5 % (EBIT: 6.6 mDKK), while net earnings were 11.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.7 %, 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. Vesthimmerlands Forsyning Holding A/S'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.