A/S VEST-TEX — Credit Rating and Financial Key Figures

CVR number: 76874514
Erhvervsparken 22, 9700 Brønderslev
tel: 98821488

Credit rating

Company information

Official name
A/S VEST-TEX
Personnel
45 persons
Established
1985
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About A/S VEST-TEX

A/S VEST-TEX (CVR number: 76874514) is a company from Brønderslev. The company recorded a gross profit of 30.4 mDKK in 2023. The operating profit was 12 mDKK, while net earnings were 7716 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 46.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. A/S VEST-TEX's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit15 181.0036 399.0053 392.0041 034.0030 432.00
EBIT4 856.0021 576.0038 602.0025 776.0012 038.00
Net earnings2 580.0015 941.0029 887.0019 272.007 716.00
Shareholders equity total10 905.0026 347.0056 234.0052 506.0051 522.00
Balance sheet total (assets)91 090.0095 545.00136 324.00135 246.00111 332.00
Net debt48 058.0032 421.0045 330.0048 658.0031 797.00
Profitability
EBIT-%
ROA6.4 %23.1 %34.0 %19.1 %9.8 %
ROE26.8 %85.6 %72.4 %35.4 %14.8 %
ROI9.8 %36.1 %48.7 %25.4 %12.9 %
Economic value added (EVA)2 950.8415 569.2928 049.1716 526.346 001.30
Solvency
Equity ratio12.0 %27.6 %41.3 %38.8 %46.3 %
Gearing441.8 %123.6 %80.8 %93.2 %62.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.60.90.70.7
Current ratio1.11.41.91.72.0
Cash and cash equivalents125.00135.0081.00288.00318.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:9.81%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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