H.C. VESTERGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About H.C. VESTERGAARD ApS
H.C. VESTERGAARD ApS (CVR number: 26747902) is a company from VIBORG. The company recorded a gross profit of 77.7 kDKK in 2023. The operating profit was -35.8 kDKK, while net earnings were -21.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. H.C. VESTERGAARD ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 178.37 | 10.69 | 66.83 | 137.89 | 77.69 |
EBIT | - 375.42 | - 157.21 | -69.45 | -35.86 | -35.80 |
Net earnings | - 373.48 | - 147.48 | -19.50 | -76.85 | -21.53 |
Shareholders equity total | 562.87 | 415.39 | 395.89 | 319.04 | 297.50 |
Balance sheet total (assets) | 1 248.90 | 794.43 | 718.80 | 536.47 | 507.00 |
Net debt | - 309.71 | - 316.70 | - 466.58 | - 441.46 | - 325.48 |
Profitability | |||||
EBIT-% | |||||
ROA | -25.5 % | -14.1 % | -5.5 % | -5.7 % | -4.1 % |
ROE | -49.8 % | -30.2 % | -4.8 % | -21.5 % | -7.0 % |
ROI | -28.5 % | -17.7 % | -7.9 % | -7.9 % | -6.4 % |
Economic value added (EVA) | - 453.46 | - 212.43 | -75.88 | -62.43 | -54.53 |
Solvency | |||||
Equity ratio | 45.1 % | 52.3 % | 55.1 % | 59.5 % | 58.7 % |
Gearing | 95.2 % | 27.3 % | 33.6 % | 16.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 2.1 | 2.2 | 2.5 | 2.4 |
Current ratio | 1.3 | 2.1 | 2.2 | 2.5 | 2.4 |
Cash and cash equivalents | 845.62 | 430.11 | 599.59 | 495.05 | 325.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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