Vester Vang ApS — Credit Rating and Financial Key Figures

CVR number: 40229558
Lendrupvej 33, Løgsted 9670 Løgstør

Company information

Official name
Vester Vang ApS
Established
2019
Domicile
Løgsted
Company form
Private limited company
Industry

About Vester Vang ApS

Vester Vang ApS (CVR number: 40229558) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 1993.4 kDKK in 2023. The operating profit was 2484.8 kDKK, while net earnings were 1711.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good but Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.5 %, 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. Vester Vang ApS's liquidity measured by quick ratio was 0.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit467.001 023.421 016.781 616.461 993.43
EBIT5 428.01861.48956.785 672.252 484.78
Net earnings4 114.92584.01630.694 296.671 711.40
Shareholders equity total4 264.924 248.934 354.618 051.289 402.68
Balance sheet total (assets)8 150.9010 121.269 530.3714 985.4318 613.93
Net debt2 456.543 488.942 778.764 098.466 329.96
Profitability
EBIT-%
ROA66.6 %9.4 %9.7 %46.3 %14.8 %
ROE96.5 %13.7 %14.7 %69.3 %19.6 %
ROI69.2 %9.8 %10.2 %48.2 %15.4 %
Economic value added (EVA)4 232.81457.07398.804 080.311 348.29
Solvency
Equity ratio52.3 %42.0 %45.7 %53.7 %50.5 %
Gearing58.1 %101.0 %83.5 %53.9 %67.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.21.41.30.1
Current ratio0.21.21.41.30.1
Cash and cash equivalents23.28801.14856.27242.243.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:14.8%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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