VESTJYSK LÅSESERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 20550872
Jørgen Pedersens Vej 13, 6700 Esbjerg
jan@v-l.dk
tel: 75129312
v-l.dk

Company information

Official name
VESTJYSK LÅSESERVICE ApS
Personnel
8 persons
Established
1997
Company form
Private limited company
Industry

About VESTJYSK LÅSESERVICE ApS

VESTJYSK LÅSESERVICE ApS (CVR number: 20550872) is a company from ESBJERG. The company recorded a gross profit of 4423.2 kDKK in 2023. The operating profit was 1060.4 kDKK, while net earnings were 793 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 20.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VESTJYSK LÅSESERVICE ApS's liquidity measured by quick ratio was 1.4 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 profit3 700.714 330.234 754.954 940.634 423.21
EBIT985.091 586.241 687.691 523.351 060.38
Net earnings755.051 213.831 282.081 143.31793.04
Shareholders equity total2 532.033 045.863 327.943 971.243 764.29
Balance sheet total (assets)4 293.234 804.515 619.426 667.826 086.90
Net debt- 724.36- 914.31- 866.21-1 567.37-1 092.81
Profitability
EBIT-%
ROA23.7 %34.9 %32.4 %24.8 %16.6 %
ROE30.1 %43.5 %40.2 %31.3 %20.5 %
ROI35.2 %48.2 %42.4 %31.6 %20.9 %
Economic value added (EVA)670.781 164.271 239.411 113.47775.05
Solvency
Equity ratio59.0 %63.4 %59.2 %59.6 %61.8 %
Gearing14.4 %19.3 %28.8 %34.0 %26.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.51.41.51.4
Current ratio2.12.52.32.42.4
Cash and cash equivalents1 089.701 502.451 823.452 916.952 089.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:16.6%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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