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A/S VESTFROST — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/S VESTFROST
A/S VESTFROST (CVR number: 37101117K) is a company from ESBJERG. The company reported a net sales of 647 mDKK in 2025, demonstrating a growth of 17.9 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 12.3 mDKK), while net earnings were 2762 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 25.1 %, 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. A/S VESTFROST's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 622.27 | 614.42 | 635.93 | 548.93 | 647.02 |
| Gross profit | 188.79 | 119.20 | 138.97 | 160.78 | 216.76 |
| EBIT | 16.16 | -56.46 | -24.17 | -23.92 | 12.32 |
| Net earnings | 10.04 | -73.58 | -23.08 | -35.81 | 2.76 |
| Shareholders equity total | 155.11 | 75.00 | 50.59 | 49.60 | 59.09 |
| Balance sheet total (assets) | 522.41 | 494.63 | 472.00 | 489.16 | 514.23 |
| Net debt | 266.19 | 278.57 | 283.63 | ||
| Profitability | |||||
| EBIT-% | 2.6 % | -9.2 % | -3.8 % | -4.4 % | 1.9 % |
| ROA | 3.5 % | -11.1 % | -3.1 % | -5.0 % | 3.6 % |
| ROE | 6.7 % | -64.0 % | -36.8 % | -71.5 % | 5.1 % |
| ROI | 3.5 % | -11.1 % | -3.5 % | -6.5 % | 4.7 % |
| Economic value added (EVA) | 8.92 | -64.25 | -23.77 | -38.17 | -9.83 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 10.8 % | 24.5 % | 25.1 % |
| Gearing | 585.9 % | 612.6 % | 535.9 % | ||
| Relative net indebtedness % | 59.2 % | 73.4 % | 63.1 % | ||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.5 | 0.5 | ||
| Current ratio | 1.1 | 1.1 | 1.1 | ||
| Cash and cash equivalents | 30.24 | 25.26 | 33.05 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 50.5 | 60.3 | 53.5 | ||
| Net working capital % | 4.6 % | 5.4 % | 3.3 % | ||
| Credit risk | |||||
| Credit rating | A | BBB | BB | BBB | BBB |
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