VESTERGAARD VVS ApS — Credit Rating and Financial Key Figures

CVR number: 26099188
Søndergade 31, 8883 Gjern
tel: 86875337

Company information

Official name
VESTERGAARD VVS ApS
Personnel
3 persons
Established
2001
Company form
Private limited company
Industry

About VESTERGAARD VVS ApS

VESTERGAARD VVS ApS (CVR number: 26099188) is a company from SILKEBORG. The company recorded a gross profit of 1500.8 kDKK in 2023. The operating profit was 611.7 kDKK, while net earnings were 465.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.3 %, which can be considered excellent and Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.5 %, 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. VESTERGAARD VVS ApS's liquidity measured by quick ratio was 2.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit1 615.331 317.911 482.241 597.721 500.76
EBIT899.60479.34584.32711.66611.66
Net earnings686.94366.63448.28545.00465.48
Shareholders equity total1 438.551 205.191 353.471 498.471 463.95
Balance sheet total (assets)2 281.321 930.972 011.752 409.332 234.36
Net debt- 788.91- 378.99- 411.12- 825.26-1 025.38
Profitability
EBIT-%
ROA41.9 %22.8 %29.6 %32.2 %26.3 %
ROE55.2 %27.7 %35.0 %38.2 %31.4 %
ROI65.3 %33.5 %42.7 %45.1 %36.4 %
Economic value added (EVA)664.92338.65409.36500.45437.74
Solvency
Equity ratio63.1 %62.4 %67.3 %62.2 %65.5 %
Gearing3.3 %8.1 %8.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.71.91.92.1
Current ratio2.22.12.22.12.4
Cash and cash equivalents836.66378.99411.12946.511 152.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:26.3%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.5%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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