VESTERSKOV AGRO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTERSKOV AGRO ApS
VESTERSKOV AGRO ApS (CVR number: 32149227) is a company from HERNING. The company recorded a gross profit of 0.8 kDKK in 2023. The operating profit was -20 kDKK, while net earnings were -21.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -13.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68 %, 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. VESTERSKOV AGRO ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 43.74 | -14.40 | -26.45 | 7.82 | 0.84 |
EBIT | -83.22 | -30.47 | -50.02 | -15.10 | -19.97 |
Net earnings | -66.35 | -25.47 | -74.26 | -16.15 | -21.14 |
Shareholders equity total | 393.47 | 312.69 | 181.93 | 165.79 | 144.65 |
Balance sheet total (assets) | 425.97 | 412.14 | 248.68 | 234.82 | 212.70 |
Net debt | - 253.03 | 11.92 | 28.26 | 45.83 | 12.74 |
Profitability | |||||
EBIT-% | |||||
ROA | -16.7 % | -7.3 % | -15.1 % | -6.2 % | -8.9 % |
ROE | -14.6 % | -7.2 % | -30.0 % | -9.3 % | -13.6 % |
ROI | -18.1 % | -7.6 % | -15.8 % | -6.7 % | -9.6 % |
Economic value added (EVA) | -65.61 | -30.52 | -47.33 | -23.12 | -28.01 |
Solvency | |||||
Equity ratio | 92.4 % | 75.9 % | 73.2 % | 70.6 % | 68.0 % |
Gearing | 1.3 % | 28.6 % | 27.9 % | 31.2 % | 36.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.9 | 1.8 | 0.6 | 0.6 | 0.6 |
Current ratio | 12.9 | 1.8 | 0.6 | 0.6 | 0.6 |
Cash and cash equivalents | 258.10 | 77.53 | 22.43 | 5.87 | 40.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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