Finn Vesterholm Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41445149
Ejstrup Vang 3, Ejstrup 6000 Kolding

Credit rating

Company information

Official name
Finn Vesterholm Holding ApS
Established
2020
Domicile
Ejstrup
Company form
Private limited company
Industry

About Finn Vesterholm Holding ApS

Finn Vesterholm Holding ApS (CVR number: 41445149) is a company from KOLDING. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a growth of 324 % compared to the previous year. The operating profit percentage was at 95.2 % (EBIT: 1.5 mDKK), while net earnings were 1479.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.7 %, which can be considered excellent and Return on Equity (ROE) was 49.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Finn Vesterholm Holding ApS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales1 435.00294.00366.001 551.90
Gross profit1 391.00280.00354.001 477.67
EBIT1 391.00280.00354.001 477.67
Net earnings1 397.00283.00357.001 479.54
Shareholders equity total2 092.002 155.002 512.003 491.34
Balance sheet total (assets)2 554.002 321.002 666.003 491.34
Net debt31.0044.0053.00-64.62
Profitability
EBIT-%96.9 %95.2 %96.7 %95.2 %
ROA54.7 %11.5 %14.2 %48.7 %
ROE66.8 %13.3 %15.3 %49.3 %
ROI65.8 %12.9 %14.7 %49.2 %
Economic value added (EVA)1 392.00357.02436.701 557.80
Solvency
Equity ratio81.9 %92.8 %94.2 %100.0 %
Gearing1.5 %3.3 %3.2 %
Relative net indebtedness %32.2 %46.9 %34.7 %-4.2 %
Liquidity
Quick ratio0.90.70.6
Current ratio0.90.70.6
Cash and cash equivalents28.0027.0064.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-2.6 %-16.7 %-15.8 %8.2 %
Credit risk
Credit ratingBBBAABBB

Variable visualization

ROA:48.7%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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