Vestergaard Ejendomme Grenaa ApS — Credit Rating and Financial Key Figures

CVR number: 39668734
Ådalen 15, 8500 Grenaa

Credit rating

Company information

Official name
Vestergaard Ejendomme Grenaa ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

About Vestergaard Ejendomme Grenaa ApS

Vestergaard Ejendomme Grenaa ApS (CVR number: 39668734) is a company from NORDDJURS. The company recorded a gross profit of 240.6 kDKK in 2024. The operating profit was -147.6 kDKK, while net earnings were -178.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -13 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.1 %, 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 Ejendomme Grenaa ApS's liquidity measured by quick ratio was 0.1 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 profit569.24368.64329.15283.21240.56
EBIT23.61- 152.81- 245.99- 176.36- 147.58
Net earnings-48.20- 155.45- 222.02- 191.56- 178.39
Shareholders equity total2 025.891 870.441 648.421 456.861 278.47
Balance sheet total (assets)3 151.163 032.942 940.793 041.253 762.56
Net debt410.51265.72467.50607.761 384.07
Profitability
EBIT-%
ROA0.7 %-4.8 %-8.1 %-5.8 %-4.3 %
ROE-2.4 %-8.0 %-12.6 %-12.3 %-13.0 %
ROI0.9 %-6.4 %-11.2 %-8.2 %-6.1 %
Economic value added (EVA)-86.17- 229.55- 295.10- 226.82- 191.43
Solvency
Equity ratio64.5 %61.7 %56.1 %48.0 %34.1 %
Gearing21.1 %15.3 %31.1 %44.2 %110.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.50.50.40.40.2
Cash and cash equivalents17.4220.9344.5535.6932.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-4.30%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.1%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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