VESTERGAARD COMPANY A/S — Credit Rating and Financial Key Figures

CVR number: 70642212
Skullebjerg 31, Gevninge 4000 Roskilde
tel: 46422232

Credit rating

Company information

Official name
VESTERGAARD COMPANY A/S
Personnel
392 persons
Established
1982
Domicile
Gevninge
Company form
Limited company
Industry

About VESTERGAARD COMPANY A/S

VESTERGAARD COMPANY A/S (CVR number: 70642212K) is a company from LEJRE. The company reported a net sales of 878.9 mDKK in 2023, demonstrating a growth of 6.9 % compared to the previous year. The operating profit percentage was at 14.6 % (EBIT: 128.2 mDKK), while net earnings were 96.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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 COMPANY A/S's liquidity measured by quick ratio was 1.3 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales829.19268.11529.24822.42878.94
Gross profit297.1932.28159.63271.76313.17
EBIT162.49-63.3834.30116.18128.18
Net earnings124.22-58.4928.7284.1696.42
Shareholders equity total518.40459.40489.52563.17645.07
Balance sheet total (assets)831.09861.52904.82884.741 141.58
Net debt128.6537.96
Profitability
EBIT-%19.6 %-23.6 %6.5 %14.1 %14.6 %
ROA21.3 %-7.5 %3.9 %13.3 %13.0 %
ROE25.8 %-12.0 %6.1 %16.0 %16.0 %
ROI23.8 %-7.5 %3.9 %14.3 %16.8 %
Economic value added (EVA)142.31-89.4311.2268.3068.53
Solvency
Equity ratio100.0 %100.0 %100.0 %63.9 %61.5 %
Gearing26.1 %24.3 %
Relative net indebtedness %31.1 %41.4 %
Liquidity
Quick ratio1.71.3
Current ratio3.92.5
Cash and cash equivalents18.25118.90
Capital use efficiency
Trade debtors turnover (days)16.292.8
Net working capital %64.0 %65.6 %
Credit risk
Credit ratingBBBBBBAAAAAAA

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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