VESTERMARKSVEJ 3 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTERMARKSVEJ 3 ApS
VESTERMARKSVEJ 3 ApS (CVR number: 36082828) is a company from ESBJERG. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 9.7 % compared to the previous year. The operating profit percentage was at 73.1 % (EBIT: 0.4 mDKK), while net earnings were 196.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VESTERMARKSVEJ 3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 457.15 | 430.51 | 436.97 | 473.74 | 519.73 |
Gross profit | 411.56 | 392.52 | 374.95 | 433.07 | 484.08 |
EBIT | 307.19 | 288.16 | 270.58 | 328.71 | 379.68 |
Net earnings | 213.45 | 196.77 | 192.09 | 187.19 | 196.75 |
Shareholders equity total | 875.97 | 1 072.74 | 1 264.83 | 1 452.02 | 1 648.76 |
Balance sheet total (assets) | 4 992.31 | 4 924.17 | 4 895.91 | 4 754.04 | 4 806.71 |
Net debt | 3 846.30 | 3 555.95 | 3 348.54 | 2 894.88 | 2 765.93 |
Profitability | |||||
EBIT-% | 67.2 % | 66.9 % | 61.9 % | 69.4 % | 73.1 % |
ROA | 6.1 % | 5.8 % | 5.5 % | 6.8 % | 8.1 % |
ROE | 27.7 % | 20.2 % | 16.4 % | 13.8 % | 12.7 % |
ROI | 6.3 % | 6.0 % | 5.7 % | 7.0 % | 8.4 % |
Economic value added (EVA) | 39.59 | 21.42 | 8.31 | 50.50 | 89.19 |
Solvency | |||||
Equity ratio | 17.5 % | 21.8 % | 25.8 % | 30.5 % | 34.3 % |
Gearing | 439.1 % | 331.5 % | 264.7 % | 199.4 % | 167.8 % |
Relative net indebtedness % | 872.4 % | 859.8 % | 791.8 % | 656.1 % | 566.2 % |
Liquidity | |||||
Quick ratio | 0.0 | 0.2 | 0.2 | 0.6 | |
Current ratio | 0.0 | 0.2 | 0.2 | 0.6 | |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.3 | 57.6 | 6.3 | ||
Net working capital % | -181.2 % | -160.1 % | -126.3 % | -67.5 % | -26.5 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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