CARSTEN VESTERGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31767857
Gruevej 1, Stenderup 6630 Rødding

Credit rating

Company information

Official name
CARSTEN VESTERGAARD HOLDING ApS
Established
2008
Domicile
Stenderup
Company form
Private limited company
Industry

About CARSTEN VESTERGAARD HOLDING ApS

CARSTEN VESTERGAARD HOLDING ApS (CVR number: 31767857) is a company from VEJEN. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -64.1 % compared to the previous year. The operating profit percentage was at 92.8 % (EBIT: 0.1 mDKK), while net earnings were 76.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CARSTEN VESTERGAARD HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales134.00687.0018.00268.0096.11
Gross profit127.00680.009.00261.0089.23
EBIT127.00680.009.00261.0089.23
Net earnings125.00680.001.00252.0076.39
Shareholders equity total786.001 355.001 356.001 608.001 684.04
Balance sheet total (assets)935.001 569.001 576.001 837.001 876.11
Net debt-3.00-19.00-8.00-1.00-33.43
Profitability
EBIT-%94.8 %99.0 %50.0 %97.4 %92.8 %
ROA14.9 %54.3 %0.6 %15.3 %4.8 %
ROE17.3 %63.5 %0.1 %17.0 %4.6 %
ROI18.0 %63.5 %0.7 %17.6 %5.4 %
Economic value added (EVA)129.81683.3753.47306.68139.79
Solvency
Equity ratio84.1 %86.4 %86.0 %87.5 %89.8 %
Gearing
Relative net indebtedness %109.0 %28.4 %1177.8 %85.1 %165.1 %
Liquidity
Quick ratio0.00.10.00.40.6
Current ratio0.00.10.00.40.6
Cash and cash equivalents3.0019.008.001.0033.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-109.0 %-28.4 %-1177.8 %-51.5 %-71.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.83%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.8%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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