VESTERGAARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTERGAARD A/S
VESTERGAARD A/S (CVR number: 28123876) is a company from VIBORG. The company recorded a gross profit of 27 mDKK in 2023. The operating profit was 13 mDKK, while net earnings were 7434 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. VESTERGAARD A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 25 884.33 | 26 978.78 | |||
EBIT | 5 560.00 | 6 198.00 | 9 198.00 | 12 316.05 | 13 043.55 |
Net earnings | 3 217.00 | 4 104.00 | 5 411.00 | 7 863.95 | 7 434.02 |
Shareholders equity total | 27 500.00 | 31 680.00 | 37 091.00 | 44 954.49 | 52 388.51 |
Balance sheet total (assets) | 108 806.00 | 108 391.00 | 130 324.00 | 138 280.13 | 140 910.54 |
Net debt | 59 956.90 | 58 855.31 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 5.7 % | 5.7 % | 7.7 % | 9.4 % | 9.4 % |
ROE | 12.5 % | 13.9 % | 15.7 % | 19.2 % | 15.3 % |
ROI | 6.1 % | 5.7 % | 7.7 % | 10.3 % | 11.2 % |
Economic value added (EVA) | 3 841.35 | 4 816.13 | 7 606.08 | 7 717.44 | 7 390.89 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 32.5 % | 37.2 % |
Gearing | 145.5 % | 119.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | |||
Current ratio | 1.6 | 1.7 | |||
Cash and cash equivalents | 5 435.06 | 3 923.98 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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