VESTVEJEN 17 ApS — Credit Rating and Financial Key Figures

CVR number: 20929391
Skatmestervej 2, 3400 Hillerød

Credit rating

Company information

Official name
VESTVEJEN 17 ApS
Established
1998
Company form
Private limited company
Industry

About VESTVEJEN 17 ApS

VESTVEJEN 17 ApS (CVR number: 20929391) is a company from HILLERØD. The company recorded a gross profit of 263.6 kDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit was 202.8 kDKK, while net earnings were 162.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTVEJEN 17 ApS's liquidity measured by quick ratio was 2.2 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
2019
2020
2021
2022
2023
Volume
Net sales172.61172.61-18.93
Gross profit17.61140.4617.61-18.93263.64
EBIT17.61140.4617.61-31.73202.82
Net earnings13.54109.4813.54-18.93162.45
Shareholders equity total735.82845.30735.82897.251 059.70
Balance sheet total (assets)780.28890.93780.28965.451 130.45
Net debt-63.02- 175.86-63.02-4.57- 141.12
Profitability
EBIT-%10.2 %10.2 %
ROA2.3 %16.8 %2.1 %-2.2 %19.4 %
ROE1.9 %13.8 %1.7 %-2.3 %16.6 %
ROI2.4 %17.7 %2.2 %-2.3 %20.5 %
Economic value added (EVA)-19.7075.85-19.76-65.43118.37
Solvency
Equity ratio94.3 %94.9 %94.3 %92.9 %93.7 %
Gearing0.3 %0.3 %0.3 %1.7 %0.9 %
Relative net indebtedness %-12.0 %-12.0 %-254.3 %
Liquidity
Quick ratio1.53.91.50.62.2
Current ratio1.53.91.50.62.2
Cash and cash equivalents65.11178.6165.1120.06150.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %13.6 %13.6 %129.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.7%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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