K/S VESTSJÆLLAND — Credit Rating and Financial Key Figures

CVR number: 26883393
Klosterplads 2, 5700 Svendborg
michael@holmsberg.dk
tel: 70227735

Company information

Official name
K/S VESTSJÆLLAND
Established
2002
Company form
Limited partnership
Industry

About K/S VESTSJÆLLAND

K/S VESTSJÆLLAND (CVR number: 26883393) is a company from SVENDBORG. The company recorded a gross profit of 3767.8 kDKK in 2023. The operating profit was 2031.7 kDKK, while net earnings were 1242.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. K/S VESTSJÆLLAND's liquidity measured by quick ratio was 1.1 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 156.793 678.733 556.05
Gross profit2 843.193 331.632 854.373 583.193 767.76
EBIT4 277.614 238.663 357.392 189.272 031.75
Net earnings3 556.823 649.532 707.341 320.081 242.95
Shareholders equity total14 076.8917 526.4219 973.7621 030.8821 993.12
Balance sheet total (assets)59 308.4160 622.3759 813.8758 608.2157 237.82
Net debt40 029.8537 179.2935 979.2733 283.8630 482.36
Profitability
EBIT-%135.5 %115.2 %94.4 %
ROA7.3 %7.1 %5.6 %3.7 %3.6 %
ROE28.9 %23.1 %14.4 %6.4 %5.8 %
ROI7.5 %7.2 %5.7 %3.8 %3.6 %
Economic value added (EVA)1 170.371 070.57162.05- 491.72- 575.17
Solvency
Equity ratio23.7 %28.9 %33.4 %35.9 %38.4 %
Gearing313.7 %237.4 %195.8 %174.0 %155.3 %
Relative net indebtedness %1302.0 %1051.1 %1032.4 %
Liquidity
Quick ratio1.21.11.01.01.1
Current ratio1.21.11.01.01.1
Cash and cash equivalents4 130.414 428.673 127.463 318.153 683.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-54.5 %-50.2 %-29.2 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:3.57%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.4%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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