Vestkajens Maskinværksted A/S — Credit Rating and Financial Key Figures

CVR number: 38624849
Sydvestkajen 4, 9850 Hirtshals
fth@hirtshalsyard.dk
tel: 54331132
www.vestkajen.dk

Company information

Official name
Vestkajens Maskinværksted A/S
Personnel
22 persons
Established
2017
Company form
Limited company
Industry

About Vestkajens Maskinværksted A/S

Vestkajens Maskinværksted A/S (CVR number: 38624849) is a company from HJØRRING. The company recorded a gross profit of 15.5 mDKK in 2023. The operating profit was 1508.4 kDKK, while net earnings were 1151.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 25.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.3 %, 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. Vestkajens Maskinværksted A/S's liquidity measured by quick ratio was 1.8 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 profit9 225.899 441.6414 498.8514 512.6115 487.81
EBIT131.65-37.892 721.741 302.081 508.38
Net earnings5.03- 116.832 065.34897.801 151.64
Shareholders equity total1 103.99987.173 052.513 950.315 101.95
Balance sheet total (assets)6 754.6810 019.0411 705.3613 877.2011 510.05
Net debt3 342.892 900.812 766.403 386.11-4 124.10
Profitability
EBIT-%
ROA1.8 %-0.4 %25.5 %10.2 %13.5 %
ROE0.5 %-11.2 %102.3 %25.6 %25.4 %
ROI2.7 %-0.7 %46.9 %16.8 %22.7 %
Economic value added (EVA)-26.96- 127.212 064.75862.89981.65
Solvency
Equity ratio16.3 %9.9 %26.1 %28.5 %44.3 %
Gearing302.9 %295.5 %92.6 %88.8 %8.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.31.31.8
Current ratio1.31.21.61.62.2
Cash and cash equivalents0.9016.7359.81121.084 538.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:13.5%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.3%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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