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VESTVÆRFTET ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTVÆRFTET ApS
VESTVÆRFTET ApS (CVR number: 18915642) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -13884.6 kDKK in 2024. The operating profit was -43.5 mDKK, while net earnings were -46 mDKK. The profitability of the company measured by Return on Assets (ROA) was -31 %, which can be considered poor and Return on Equity (ROE) was -62.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VESTVÆRFTET ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 33 117.00 | 14 499.00 | 21 787.95 | 21 143.30 | -13 884.60 |
| EBIT | 9 651.00 | -8 141.00 | -1 896.90 | -2 738.91 | -43 502.11 |
| Net earnings | 6 668.00 | -7 544.00 | -1 794.98 | -3 125.43 | -45 975.94 |
| Shareholders equity total | 18 171.00 | 6 064.00 | 8 766.04 | 4 149.61 | -41 826.33 |
| Balance sheet total (assets) | 97 373.00 | 68 222.00 | 71 513.98 | 93 123.93 | 142 847.90 |
| Net debt | 24 258.48 | 45 470.10 | 120 949.90 | ||
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.9 % | -9.8 % | -2.7 % | -0.7 % | -31.0 % |
| ROE | 35.9 % | -62.3 % | -24.2 % | -48.4 % | -62.6 % |
| ROI | 11.9 % | -9.8 % | -3.5 % | -5.9 % | -41.0 % |
| Economic value added (EVA) | 8 694.84 | -9 054.09 | -1 813.33 | -4 357.07 | -48 122.09 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 12.3 % | 4.5 % | -22.6 % |
| Gearing | 348.7 % | 1135.2 % | -289.3 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.1 | 1.6 | 1.2 | ||
| Current ratio | 2.2 | 1.6 | 1.2 | ||
| Cash and cash equivalents | 6 312.67 | 1 636.32 | 71.40 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BB | B |
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