VESTHIMMERLANDS VAND A/S — Credit Rating and Financial Key Figures

CVR number: 32562299
Stengårdsvej 33, Brårup 9670 Løgstør
fie@vesthimmerlandsvand.dk
tel: 96979500

Credit rating

Company information

Official name
VESTHIMMERLANDS VAND A/S
Established
2009
Domicile
Brårup
Company form
Limited company
Industry
  • Expand more icon37Sewerage

About VESTHIMMERLANDS VAND A/S

VESTHIMMERLANDS VAND A/S (CVR number: 32562299) is a company from VESTHIMMERLANDS. The company reported a net sales of 80.7 mDKK in 2023, demonstrating a decline of -1.8 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 4.7 mDKK), while net earnings were 11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTHIMMERLANDS VAND A/S's liquidity measured by quick ratio was 2 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales77.2882.5780.3382.1480.70
Gross profit50.2155.5150.0649.7045.57
EBIT14.1113.3016.9817.004.68
Net earnings13.6612.7217.3514.8011.14
Shareholders equity total1 078.631 091.341 095.521 132.461 136.07
Balance sheet total (assets)1 129.111 198.671 250.261 289.321 363.19
Net debt20.2227.0527.2532.4055.35
Profitability
EBIT-%18.3 %16.1 %21.1 %20.7 %5.8 %
ROA1.3 %1.1 %1.5 %1.4 %0.7 %
ROE1.3 %1.2 %1.6 %1.3 %1.0 %
ROI1.3 %1.2 %1.5 %1.5 %0.8 %
Economic value added (EVA)-39.99-41.63-36.80-37.37-52.16
Solvency
Equity ratio96.1 %91.4 %88.0 %88.3 %83.7 %
Gearing2.4 %5.5 %7.9 %7.8 %12.9 %
Relative net indebtedness %57.6 %90.4 %118.8 %122.3 %169.0 %
Liquidity
Quick ratio3.11.11.61.82.0
Current ratio2.11.01.41.61.8
Cash and cash equivalents6.0032.7259.3056.3790.77
Capital use efficiency
Trade debtors turnover (days)36.245.233.063.259.6
Net working capital %28.0 %1.4 %-36.9 %-24.6 %-33.8 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:0.73%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.7%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chief executive officer
Chairman of the board
Board member

Companies in the same industry

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