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VESTERGADES CYKLER OG KNALLERTER ApS — Credit Rating and Financial Key Figures

CVR number: 21436690
Vestergade 32, 6800 Varde
cykler@sport.dk
tel: 75220642
Free credit report Annual report

Credit rating

Company information

Official name
VESTERGADES CYKLER OG KNALLERTER ApS
Personnel
4 persons
Established
1999
Company form
Private limited company
Industry

About VESTERGADES CYKLER OG KNALLERTER ApS

VESTERGADES CYKLER OG KNALLERTER ApS (CVR number: 21436690) is a company from VARDE. The company recorded a gross profit of 2346.1 kDKK in 2025. The operating profit was 356.4 kDKK, while net earnings were 172.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.5 %, 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. VESTERGADES CYKLER OG KNALLERTER ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit3 035.272 488.752 439.222 673.302 346.09
EBIT759.21- 139.7044.56651.55356.37
Net earnings688.38- 198.66-89.69395.74172.45
Shareholders equity total11 895.093 696.433 606.744 002.484 174.93
Balance sheet total (assets)14 064.148 300.599 080.738 939.598 442.71
Net debt-5 635.892 006.861 981.54310.99-90.11
Profitability
EBIT-%
ROA6.8 %-1.0 %0.7 %7.7 %4.6 %
ROE6.0 %-2.5 %-2.5 %10.4 %4.2 %
ROI8.0 %-1.2 %0.8 %9.3 %5.2 %
Economic value added (EVA)28.91- 706.81- 318.65136.90- 105.17
Solvency
Equity ratio84.6 %44.5 %39.7 %44.8 %49.5 %
Gearing90.3 %104.7 %90.5 %84.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.50.40.40.70.9
Current ratio6.41.81.61.82.0
Cash and cash equivalents5 635.891 331.921 794.363 312.513 615.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:4.63%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:49.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
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