Vestergaard Landbrug ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vestergaard Landbrug ApS
Vestergaard Landbrug ApS (CVR number: 41578327) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -233.9 kDKK in 2023. The operating profit was -233.9 kDKK, while net earnings were -431.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.1 %, which can be considered poor and Return on Equity (ROE) was -53.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Vestergaard Landbrug ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -5.20 | -13.00 | -9.16 | - 233.93 |
EBIT | -5.20 | -13.00 | -9.16 | - 233.93 |
Net earnings | 4.54 | -30.67 | - 207.31 | - 431.26 |
Shareholders equity total | 44.54 | 13.87 | - 193.44 | - 624.70 |
Balance sheet total (assets) | 372.98 | 955.98 | 719.09 | 906.50 |
Net debt | 179.18 | 669.29 | 827.18 | 1 380.48 |
Profitability | ||||
EBIT-% | ||||
ROA | 2.1 % | -1.6 % | -18.6 % | -28.1 % |
ROE | 10.2 % | -105.0 % | -56.6 % | -53.1 % |
ROI | 2.3 % | -1.7 % | -18.9 % | -29.8 % |
Economic value added (EVA) | -4.05 | -7.05 | 8.59 | - 220.72 |
Solvency | ||||
Equity ratio | 11.9 % | 1.5 % | -21.2 % | -40.8 % |
Gearing | 678.4 % | 6739.1 % | -463.5 % | -225.0 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.0 | 1.0 | 0.8 | 0.5 |
Current ratio | 1.0 | 1.0 | 0.8 | 0.5 |
Cash and cash equivalents | 122.98 | 265.49 | 69.49 | 25.14 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BBB | BB | B |
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