VESTBANEN A/S — Credit Rating and Financial Key Figures

VESTBANEN A/S (CVR number: 35606319) is a company from VARDE. The company recorded a gross profit of 8416.1 kDKK in 2023. The operating profit was 7273.4 kDKK, while net earnings were 9079.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 43.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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. VESTBANEN A/S's liquidity measured by quick ratio was 4.6 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.