KURT VESTERGAARD FINANS ApS — Credit Rating and Financial Key Figures

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

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 -50.2 kDKK in 2023. The operating profit was -115.2 kDKK, while net earnings were 721.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. 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 567.4 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 profit-58.68-75.29512.49-51.27-50.19
EBIT-83.84-99.85512.49- 116.27- 115.19
Net earnings12.72310.43174.01- 143.57721.09
Shareholders equity total9 093.609 293.439 167.448 909.489 512.76
Balance sheet total (assets)9 107.239 307.689 182.948 925.729 529.51
Net debt-8 531.43-8 843.13-8 878.00-8 560.71-9 351.28
Profitability
EBIT-%
ROA0.4 %4.7 %6.4 %-0.1 %10.0 %
ROE0.1 %3.4 %1.9 %-1.6 %7.8 %
ROI0.4 %4.7 %6.4 %-0.1 %10.0 %
Economic value added (EVA)-94.66- 106.15456.04- 104.95- 107.32
Solvency
Equity ratio99.9 %99.8 %99.8 %99.8 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio654.5641.6592.1549.0567.4
Current ratio654.5641.6592.1549.0567.4
Cash and cash equivalents8 531.438 843.138 878.008 560.719 351.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.0%
Rating: 57/100
-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

Chief executive officer
Chief executive officer

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