VESTFRAGT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTFRAGT A/S
VESTFRAGT A/S (CVR number: 32886574) is a company from SLAGELSE. The company recorded a gross profit of -9 kDKK in 2023. The operating profit was -9 kDKK, while net earnings were 10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTFRAGT A/S's liquidity measured by quick ratio was 61 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.00 | -7.00 | -7.00 | -7.00 | -9.00 |
EBIT | -9.00 | -7.00 | -7.00 | -7.00 | -9.00 |
Net earnings | 21.00 | 22.00 | 12.00 | 17.18 | 10.75 |
Shareholders equity total | 939.00 | 961.00 | 973.00 | 590.03 | 600.78 |
Balance sheet total (assets) | 8 916.00 | 9 264.00 | 983.00 | 601.87 | 610.80 |
Net debt | -2.63 | -4.45 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | -0.1 % | -0.1 % | 2.8 % | 2.4 % |
ROE | 2.3 % | 2.3 % | 1.2 % | 2.2 % | 1.8 % |
ROI | -0.1 % | -0.1 % | -0.1 % | 2.8 % | 2.5 % |
Economic value added (EVA) | -54.77 | -54.18 | -55.29 | -54.35 | -36.55 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 98.0 % | 98.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 50.8 | 61.0 | |||
Current ratio | 50.8 | 61.0 | |||
Cash and cash equivalents | 2.63 | 4.45 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | B | BB |
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