Vesthimmerlands El-Forsyning A/S — Credit Rating and Financial Key Figures

CVR number: 25774949
Industrivej 91, 9600 Aars
vhel@vhel.dk
tel: 98621933
www.vhel.dk

Company information

Official name
Vesthimmerlands El-Forsyning A/S
Established
2000
Company form
Limited company
Industry

About Vesthimmerlands El-Forsyning A/S

Vesthimmerlands El-Forsyning A/S (CVR number: 25774949) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 898.3 kDKK in 2024. The operating profit was 898.3 kDKK, while net earnings were 717.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55 %, 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. Vesthimmerlands El-Forsyning A/S's liquidity measured by quick ratio was 2.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit656.47-4 276.073 332.702 705.26898.29
EBIT656.47-4 276.073 332.702 705.26898.29
Net earnings448.40-3 388.282 506.992 113.09717.49
Shareholders equity total5 362.221 973.954 480.946 594.037 311.52
Balance sheet total (assets)10 864.6712 259.7830 238.1113 884.5613 305.05
Net debt-7 166.91-4 074.51-27 724.10-12 497.18-9 828.51
Profitability
EBIT-%
ROA5.2 %-37.0 %15.7 %12.3 %6.8 %
ROE6.8 %-92.4 %77.7 %38.2 %10.3 %
ROI9.3 %-105.3 %93.5 %47.4 %12.9 %
Economic value added (EVA)706.66-3 221.902 721.693 295.09997.78
Solvency
Equity ratio49.4 %16.1 %23.2 %51.2 %55.0 %
Gearing8.4 %16.8 %7.7 %0.1 %5.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.22.02.22.2
Current ratio2.01.21.21.92.2
Cash and cash equivalents7 619.604 405.4228 067.3712 506.7010 196.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:6.77%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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