VESTI LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 31188040
Ringstedvej 173, 4300 Holbæk
hlglarsen@gmail.com
tel: 28556420

Credit rating

Company information

Official name
VESTI LARSEN ApS
Established
2008
Company form
Private limited company
Industry

About VESTI LARSEN ApS

VESTI LARSEN ApS (CVR number: 31188040) is a company from HOLBÆK. The company recorded a gross profit of -183.8 kDKK in 2023. The operating profit was -183.8 kDKK, while net earnings were 1843.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.7 %, which can be considered excellent and Return on Equity (ROE) was 66.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTI LARSEN ApS's liquidity measured by quick ratio was 7.7 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-14.43-9.41-15.86-31.57- 183.75
EBIT-14.43- 360.15- 538.03-31.57- 183.75
Net earnings578.20287.72943.92711.011 843.12
Shareholders equity total216.94504.651 335.571 932.183 575.31
Balance sheet total (assets)2 230.043 283.783 650.282 797.714 387.80
Net debt686.72668.8759.16- 573.20-2 215.15
Profitability
EBIT-%
ROA34.9 %10.0 %28.4 %24.4 %60.7 %
ROE53.8 %79.7 %102.6 %43.5 %66.9 %
ROI37.9 %10.9 %30.3 %25.8 %61.8 %
Economic value added (EVA)77.51- 194.21- 313.1057.60- 123.14
Solvency
Equity ratio9.7 %15.4 %36.6 %69.1 %81.5 %
Gearing681.2 %462.4 %142.7 %35.3 %10.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.81.12.17.7
Current ratio0.60.81.12.17.7
Cash and cash equivalents791.101 664.631 847.331 255.532 594.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:60.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.5%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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