VESTJYSKE NET 60 KV A/S — Credit Rating and Financial Key Figures

VESTJYSKE NET 60 KV A/S (CVR number: 28106548K) is a company from HERNING. The company reported a net sales of 139 mDKK in 2023, demonstrating a decline of -0.1 % compared to the previous year. The operating profit percentage was at 12.3 % (EBIT: 17.1 mDKK), while net earnings were 15.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.7 %, 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. VESTJYSKE NET 60 KV A/S's liquidity measured by quick ratio was 3.9 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.