HC Vangsted Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HC Vangsted Holding ApS
HC Vangsted Holding ApS (CVR number: 41140348) is a company from MIDDELFART. The company reported a net sales of 25.8 mDKK in 2023, demonstrating a growth of 174.5 % compared to the previous year. The operating profit percentage was at 100 % (EBIT: 25.8 mDKK), while net earnings were 25.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HC Vangsted Holding ApS's liquidity measured by quick ratio was 5.3 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 105.84 | 16 869.51 | 1 004.76 | 9 409.17 | 25 824.00 |
Gross profit | 1 099.59 | 16 858.89 | 995.70 | 9 399.11 | 25 813.62 |
EBIT | 1 099.59 | 16 858.89 | 995.70 | 9 399.11 | 25 813.62 |
Net earnings | 420.65 | 16 332.57 | 990.80 | 9 433.01 | 25 804.50 |
Shareholders equity total | 112 701.15 | 124 074.52 | 110 606.12 | 117 100.33 | 140 945.62 |
Balance sheet total (assets) | 164 237.53 | 132 280.40 | 111 362.40 | 122 589.60 | 151 098.46 |
Net debt | 50 872.22 | 55 432.85 | 1.28 | 1 722.13 | 1 737.23 |
Profitability | |||||
EBIT-% | 99.4 % | 99.9 % | 99.1 % | 99.9 % | 100.0 % |
ROA | 0.7 % | 11.4 % | 0.8 % | 8.1 % | 18.9 % |
ROE | 0.4 % | 13.8 % | 0.8 % | 8.3 % | 20.0 % |
ROI | 0.7 % | 9.8 % | 0.7 % | 8.2 % | 19.7 % |
Economic value added (EVA) | 780.71 | 19 563.62 | 1 210.27 | 9 349.29 | 25 930.16 |
Solvency | |||||
Equity ratio | 68.6 % | 93.8 % | 99.3 % | 95.5 % | 93.3 % |
Gearing | 45.1 % | 44.7 % | 0.0 % | 2.0 % | 1.4 % |
Relative net indebtedness % | 4660.4 % | 48.6 % | 75.3 % | 52.3 % | 38.5 % |
Liquidity | |||||
Quick ratio | 0.0 | 0.9 | 184.8 | 1.6 | 5.3 |
Current ratio | 0.0 | 0.9 | 184.8 | 1.6 | 5.3 |
Cash and cash equivalents | 564.72 | 223.47 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -4523.9 % | -3.5 % | 200.0 % | 15.8 % | 32.7 % |
Credit risk | |||||
Credit rating | AA | A | AA | AAA | AAA |
Variable visualization
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