Vestergaard Landbrug, Asferg ApS — Credit Rating and Financial Key Figures

CVR number: 38009338
Ouevej 2, Redsø 9500 Hobro

Company information

Official name
Vestergaard Landbrug, Asferg ApS
Personnel
12 persons
Established
2016
Domicile
Redsø
Company form
Private limited company
Industry

About Vestergaard Landbrug, Asferg ApS

Vestergaard Landbrug, Asferg ApS (CVR number: 38009338) is a company from MARIAGERFJORD. The company recorded a gross profit of 9618.5 kDKK in 2024. The operating profit was 5546.8 kDKK, while net earnings were 2760.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 23.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Vestergaard Landbrug, Asferg ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit2 481.423 043.747 933.427 229.989 618.50
EBIT186.56395.914 650.963 516.005 546.83
Net earnings18 859.10- 232.333 524.541 290.382 760.49
Shareholders equity total334.63102.303 626.8410 552.5913 313.08
Balance sheet total (assets)43 810.8446 897.7249 673.7359 753.2565 673.28
Net debt42 324.7545 851.4641 766.2946 591.0947 407.41
Profitability
EBIT-%
ROA38.0 %1.2 %9.6 %6.4 %8.9 %
ROE85.0 %-106.3 %189.0 %18.2 %23.1 %
ROI38.6 %1.2 %10.1 %6.8 %9.4 %
Economic value added (EVA)-1 994.20-1 747.722 338.141 196.502 675.36
Solvency
Equity ratio0.8 %0.2 %7.3 %17.7 %20.3 %
Gearing12648.2 %44889.7 %1172.7 %441.5 %356.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.21.00.40.2
Current ratio0.60.41.40.70.4
Cash and cash equivalents72.50766.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:8.87%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.3%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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