VESTERGAARD NIELSEN A/S — Credit Rating and Financial Key Figures

CVR number: 31619750
Ølsemagle Kirkevej 73, 4600 Køge

Company information

Official name
VESTERGAARD NIELSEN A/S
Personnel
28 persons
Established
2008
Company form
Limited company
Industry

About VESTERGAARD NIELSEN A/S

VESTERGAARD NIELSEN A/S (CVR number: 31619750) is a company from KØGE. The company recorded a gross profit of 14.3 mDKK in 2023. The operating profit was 2219.8 kDKK, while net earnings were 1894.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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 NIELSEN A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit23 246.6127 887.5021 095.8924 238.8014 334.30
EBIT2 789.154 376.333 874.996 276.252 219.79
Net earnings245.363 422.192 897.505 119.301 894.89
Shareholders equity total10 612.4814 034.6712 932.1616 051.466 946.35
Balance sheet total (assets)54 401.5344 803.2537 479.3339 957.8628 354.69
Net debt8 707.846 400.81-4 940.645 198.859 090.00
Profitability
EBIT-%
ROA5.4 %9.5 %9.8 %17.2 %8.7 %
ROE1.5 %27.8 %21.5 %35.3 %16.5 %
ROI10.6 %20.3 %21.7 %32.8 %13.8 %
Economic value added (EVA)755.282 911.762 254.264 614.481 093.14
Solvency
Equity ratio19.5 %31.3 %34.5 %40.2 %24.5 %
Gearing91.4 %45.6 %21.1 %32.5 %131.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.41.61.3
Current ratio1.31.31.41.61.3
Cash and cash equivalents996.497 663.0010.4510.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:8.74%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.5%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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