VESTERGAARD VVS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTERGAARD VVS ApS
VESTERGAARD VVS ApS (CVR number: 26099188) is a company from SILKEBORG. The company recorded a gross profit of 811.3 kDKK in 2024. The operating profit was -75.9 kDKK, while net earnings were -59.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VESTERGAARD VVS 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 317.91 | 1 482.24 | 1 597.72 | 1 500.76 | 811.29 |
EBIT | 479.34 | 584.32 | 711.66 | 611.66 | -75.94 |
Net earnings | 366.63 | 448.28 | 545.00 | 465.48 | -59.23 |
Shareholders equity total | 1 205.19 | 1 353.47 | 1 498.47 | 1 463.95 | 904.72 |
Balance sheet total (assets) | 1 930.97 | 2 011.75 | 2 409.33 | 2 234.36 | 1 762.05 |
Net debt | - 378.99 | - 411.12 | - 825.26 | -1 025.38 | 22.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.8 % | 29.6 % | 32.2 % | 26.3 % | -3.8 % |
ROE | 27.7 % | 35.0 % | 38.2 % | 31.4 % | -5.0 % |
ROI | 33.5 % | 42.7 % | 45.1 % | 36.4 % | -4.8 % |
Economic value added (EVA) | 289.65 | 386.13 | 474.89 | 379.84 | - 142.62 |
Solvency | |||||
Equity ratio | 62.4 % | 67.3 % | 62.2 % | 65.5 % | 51.3 % |
Gearing | 8.1 % | 8.7 % | 58.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.9 | 1.9 | 2.1 | 1.4 |
Current ratio | 2.1 | 2.2 | 2.1 | 2.4 | 1.7 |
Cash and cash equivalents | 378.99 | 411.12 | 946.51 | 1 152.55 | 502.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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