VESTTEC ApS — Credit Rating and Financial Key Figures

CVR number: 27002900
Højstrupvej 74, Øsløs 7742 Vesløs

Company information

Official name
VESTTEC ApS
Personnel
5 persons
Established
2003
Domicile
Øsløs
Company form
Private limited company
Industry

About VESTTEC ApS

VESTTEC ApS (CVR number: 27002900) is a company from THISTED. The company recorded a gross profit of 8418.8 kDKK in 2023. The operating profit was 6590 kDKK, while net earnings were 5081.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.9 %, which can be considered excellent and Return on Equity (ROE) was 69.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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. VESTTEC ApS's liquidity measured by quick ratio was 2 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 profit4 655.875 136.076 399.579 904.498 418.83
EBIT1 257.381 760.203 135.897 997.236 589.99
Net earnings945.491 295.892 408.746 133.945 081.34
Shareholders equity total1 298.581 694.472 853.216 578.417 959.76
Balance sheet total (assets)6 860.329 627.8010 985.1414 408.9815 641.81
Net debt636.38- 762.20-3 203.22-5 462.24-5 076.57
Profitability
EBIT-%
ROA15.3 %21.4 %30.6 %63.0 %43.9 %
ROE59.1 %86.6 %105.9 %130.1 %69.9 %
ROI36.9 %48.5 %89.6 %156.5 %86.4 %
Economic value added (EVA)1 064.111 407.172 481.846 224.355 079.01
Solvency
Equity ratio18.9 %17.6 %26.0 %45.7 %50.9 %
Gearing193.9 %99.3 %26.7 %8.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.21.82.0
Current ratio1.01.11.21.82.0
Cash and cash equivalents1 881.872 444.293 963.855 462.245 769.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:43.9%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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