VANGSGAARD KONFEKTION ApS — Credit Rating and Financial Key Figures

CVR number: 29322198
Gravensgade 11, 9000 Aalborg
butikvangsgaard@mail.dk
tel: 98102341

Company information

Official name
VANGSGAARD KONFEKTION ApS
Personnel
11 persons
Established
2006
Company form
Private limited company
Industry

About VANGSGAARD KONFEKTION ApS

VANGSGAARD KONFEKTION ApS (CVR number: 29322198) is a company from AALBORG. The company recorded a gross profit of 4701.3 kDKK in 2023. The operating profit was 655.6 kDKK, while net earnings were 415 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.9 %, 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. VANGSGAARD KONFEKTION ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 953.004 958.005 096.004 399.004 701.27
EBIT834.00893.001 240.00429.00655.57
Net earnings392.00731.00850.001 017.00414.99
Shareholders equity total10 096.0010 627.009 477.0010 494.0010 659.33
Balance sheet total (assets)21 917.0023 775.0019 898.0019 569.0019 130.21
Net debt4 084.005 465.005 383.003 379.004 503.19
Profitability
EBIT-%
ROA4.1 %4.8 %6.1 %7.8 %4.4 %
ROE3.9 %7.1 %8.5 %10.2 %3.9 %
ROI5.2 %6.4 %7.8 %9.1 %5.0 %
Economic value added (EVA)3.36-18.86164.24- 337.47- 128.54
Solvency
Equity ratio46.1 %44.7 %47.9 %53.8 %55.9 %
Gearing64.5 %59.9 %78.4 %60.3 %59.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.31.21.21.0
Current ratio2.42.22.52.72.9
Cash and cash equivalents2 426.00897.002 051.002 949.001 848.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.41%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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