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

VESTJYSKE NET 60 KV A/S (CVR number: 28106548) is a company from HERNING. The company reported a net sales of 58.2 mDKK in 2023, demonstrating a decline of -19.8 % compared to the previous year. The operating profit percentage was at 18.4 % (EBIT: 10.7 mDKK), while net earnings were 15.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, 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 72.5 %, 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 1.8 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.