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

CVR number: 39192772
Stengårdsvej 33, Brårup 9670 Løgstør

Credit rating

Company information

Official name
Vesthimmerlands Forsyning Holding A/S
Established
2017
Domicile
Brårup
Company form
Limited company
Industry

About Vesthimmerlands Forsyning Holding A/S

Vesthimmerlands Forsyning Holding A/S (CVR number: 39192772K) is a company from VESTHIMMERLANDS. The company reported a net sales of 167 mDKK in 2024, demonstrating a growth of 12.3 % compared to the previous year. The operating profit percentage was at 12.4 % (EBIT: 20.6 mDKK), while net earnings were 19.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.8 %, 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 1.5 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales134.46136.30143.74148.69167.00
Gross profit134.46136.30143.7496.83110.49
EBIT23.5421.1618.886.6420.63
Net earnings12.8118.7514.8711.2419.42
Shareholders equity total1 103.441 109.021 146.101 149.061 165.44
Balance sheet total (assets)1 263.141 306.891 357.581 447.761 539.48
Net debt50.9783.39
Profitability
EBIT-%17.5 %15.5 %13.1 %4.5 %12.4 %
ROA1.9 %1.6 %1.4 %0.9 %1.9 %
ROE1.2 %1.7 %1.3 %1.0 %1.7 %
ROI1.9 %1.6 %1.4 %0.9 %2.0 %
Economic value added (EVA)-31.27-34.29-36.85-52.88-47.73
Solvency
Equity ratio100.0 %100.0 %100.0 %79.7 %75.8 %
Gearing12.8 %19.9 %
Relative net indebtedness %114.7 %114.2 %
Liquidity
Quick ratio1.61.5
Current ratio1.51.5
Cash and cash equivalents95.71148.24
Capital use efficiency
Trade debtors turnover (days)39.025.2
Net working capital %-26.3 %-41.9 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:1.93%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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