KURT VESTERGAARD FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 73151015
Lynghøj 3, 9500 Hobro
tel: 98557970
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Credit rating

Company information

Official name
KURT VESTERGAARD FINANS ApS
Personnel
1 person
Established
1982
Company form
Private limited company
Industry

About KURT VESTERGAARD FINANS ApS

KURT VESTERGAARD FINANS ApS (CVR number: 73151015) is a company from MARIAGERFJORD. The company recorded a gross profit of -48.9 kDKK in 2024. The operating profit was -113.9 kDKK, while net earnings were -472.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT VESTERGAARD FINANS ApS's liquidity measured by quick ratio was 488.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-75.29512.49-51.27-50.19-48.89
EBIT-99.85512.49- 116.27- 115.19- 113.89
Net earnings310.43174.01- 143.57721.09- 472.68
Shareholders equity total9 293.439 167.448 909.489 512.768 918.09
Balance sheet total (assets)9 307.689 182.948 925.729 529.518 936.34
Net debt-8 843.13-8 878.00-8 560.71-9 351.28-8 631.81
Profitability
EBIT-%
ROA4.7 %6.4 %-0.1 %10.0 %0.2 %
ROE3.4 %1.9 %-1.6 %7.8 %-5.1 %
ROI4.7 %6.4 %-0.1 %10.0 %0.2 %
Economic value added (EVA)- 534.8511.67- 551.07- 537.49- 566.99
Solvency
Equity ratio99.8 %99.8 %99.8 %99.8 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio641.6592.1549.0567.4488.6
Current ratio641.6592.1549.0567.4488.6
Cash and cash equivalents8 843.138 878.008 560.719 351.288 631.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.25%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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