VESTER FARIMAGSGADE 27 - 31 A/S — Credit Rating and Financial Key Figures

CVR number: 28843631
Svanevej 10-12, Tommerup St 5690 Tommerup

Company information

Official name
VESTER FARIMAGSGADE 27 - 31 A/S
Established
2005
Domicile
Tommerup St
Company form
Limited company
Industry

About VESTER FARIMAGSGADE 27 - 31 A/S

VESTER FARIMAGSGADE 27 - 31 A/S (CVR number: 28843631) is a company from ASSENS. The company reported a net sales of 5.3 mDKK in 2023, demonstrating a decline of -18.9 % compared to the previous year. The operating profit percentage was at 317.5 % (EBIT: 16.9 mDKK), while net earnings were 10.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. VESTER FARIMAGSGADE 27 - 31 A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 954.666 028.926 175.566 577.415 331.44
Gross profit4 438.674 733.994 892.864 698.022 579.60
EBIT4 838.6711 433.9913 992.869 448.0216 929.60
Net earnings3 577.448 592.2910 643.266 045.7310 348.28
Shareholders equity total37 883.5742 975.8653 619.1159 664.8450 013.12
Balance sheet total (assets)123 946.63134 156.34146 319.83152 666.26155 758.89
Net debt73 820.6276 503.3575 004.9975 927.5585 685.60
Profitability
EBIT-%81.3 %189.7 %226.6 %143.6 %317.5 %
ROA4.0 %8.9 %10.1 %6.5 %11.0 %
ROE9.0 %21.3 %22.0 %10.7 %18.9 %
ROI4.1 %9.1 %10.3 %6.7 %11.2 %
Economic value added (EVA)-1 977.213 352.294 958.49951.076 426.93
Solvency
Equity ratio31.0 %32.5 %37.1 %39.6 %32.5 %
Gearing196.0 %180.9 %143.2 %127.3 %171.3 %
Relative net indebtedness %1283.6 %1310.8 %1259.3 %1193.3 %1647.9 %
Liquidity
Quick ratio2.65.06.110.00.2
Current ratio1.42.43.14.00.1
Cash and cash equivalents441.821 231.471 754.6333.95
Capital use efficiency
Trade debtors turnover (days)90.4
Net working capital %23.5 %82.5 %127.3 %149.8 %-215.0 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.5%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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