VESTFORSYNING ERHVERV A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTFORSYNING ERHVERV A/S
VESTFORSYNING ERHVERV A/S (CVR number: 26350697) is a company from HOLSTEBRO. The company reported a net sales of 278.4 mDKK in 2024, demonstrating a growth of 0.4 % compared to the previous year. The operating profit percentage was at 1.4 % (EBIT: 4 mDKK), while net earnings were 45.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTFORSYNING ERHVERV A/S's liquidity measured by quick ratio was 7.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 203.73 | 246.89 | 253.66 | 277.35 | 278.40 |
Gross profit | 27.50 | 27.06 | 25.54 | 27.62 | 24.55 |
EBIT | 14.94 | 5.12 | 4.18 | 6.63 | 3.97 |
Net earnings | 18.95 | 12.65 | 25.56 | 29.35 | 45.73 |
Shareholders equity total | 371.80 | 386.45 | 412.02 | 441.36 | 487.09 |
Balance sheet total (assets) | 413.73 | 428.75 | 453.22 | 483.29 | 530.88 |
Net debt | - 243.88 | - 268.60 | |||
Profitability | |||||
EBIT-% | 7.3 % | 2.1 % | 1.6 % | 2.4 % | 1.4 % |
ROA | 3.7 % | 1.2 % | 0.9 % | 7.4 % | 10.2 % |
ROE | 5.2 % | 3.3 % | 6.4 % | 6.9 % | 9.8 % |
ROI | 3.7 % | 1.2 % | 0.9 % | 7.8 % | 11.0 % |
Economic value added (EVA) | -2.79 | -13.57 | -15.24 | -15.54 | -19.24 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 91.3 % | 91.8 % |
Gearing | 0.1 % | 0.5 % | |||
Relative net indebtedness % | -73.9 % | -82.6 % | |||
Liquidity | |||||
Quick ratio | 7.4 | 7.7 | |||
Current ratio | 7.6 | 8.0 | |||
Cash and cash equivalents | 244.46 | 270.96 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.4 | 2.5 | |||
Net working capital % | 15.9 % | 19.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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