Vast Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38631144
Jyllandsgade 79 C, 6700 Esbjerg

Credit rating

Company information

Official name
Vast Holding ApS
Established
2017
Company form
Private limited company
Industry

About Vast Holding ApS

Vast Holding ApS (CVR number: 38631144) is a company from ESBJERG. The company reported a net sales of 0.7 mDKK in 2024, demonstrating a decline of -20.9 % compared to the previous year. The operating profit percentage was at 98.6 % (EBIT: 0.7 mDKK), while net earnings were 714.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.2 %, which can be considered excellent and Return on Equity (ROE) was 51.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Vast Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales763.00974.001 519.00947.00749.13
Gross profit752.00964.001 510.00934.00738.48
EBIT752.00964.001 510.00934.00738.48
Net earnings753.00958.001 498.00911.00714.35
Shareholders equity total1 670.002 127.002 626.001 537.001 251.24
Balance sheet total (assets)1 827.002 533.003 087.001 946.001 641.52
Net debt-18.00127.00328.00310.00301.83
Profitability
EBIT-%98.6 %99.0 %99.4 %98.6 %98.6 %
ROA43.2 %44.2 %53.7 %37.1 %41.2 %
ROE48.8 %50.5 %63.0 %43.8 %51.2 %
ROI48.7 %48.2 %56.1 %37.4 %41.4 %
Economic value added (EVA)682.80883.111 398.02790.90651.23
Solvency
Equity ratio91.4 %84.0 %85.1 %79.0 %76.2 %
Gearing9.5 %16.3 %25.9 %30.3 %
Relative net indebtedness %18.2 %34.0 %23.8 %33.9 %41.7 %
Liquidity
Quick ratio1.11.01.21.11.0
Current ratio1.11.01.21.11.0
Cash and cash equivalents18.0075.00100.0088.0077.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1.4 %-0.5 %4.9 %4.0 %0.4 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:41.2%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.2%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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