Vestre Boulevard Aars ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vestre Boulevard Aars ApS
Vestre Boulevard Aars ApS (CVR number: 30505379) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 3095.6 kDKK in 2023. The operating profit was -83.3 kDKK, while net earnings were -68.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.5 %, 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. Vestre Boulevard Aars ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.53 | 308.26 | 1 399.18 | 3 594.71 | 3 095.62 |
EBIT | -8.53 | 194.98 | 571.42 | 1 376.76 | -83.33 |
Net earnings | - 287.11 | 191.43 | 566.46 | 1 270.09 | -68.16 |
Shareholders equity total | 58.89 | 250.32 | 816.78 | 1 686.87 | 618.71 |
Balance sheet total (assets) | 100.34 | 406.16 | 1 362.23 | 2 899.32 | 2 173.82 |
Net debt | -67.20 | - 211.80 | - 449.60 | - 860.71 | -1 002.04 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.1 % | 77.1 % | 64.7 % | 64.6 % | -3.2 % |
ROE | -92.6 % | 123.8 % | 106.2 % | 101.5 % | -5.9 % |
ROI | -1.2 % | 119.2 % | 107.2 % | 108.3 % | -6.8 % |
Economic value added (EVA) | 45.24 | 196.32 | 569.49 | 1 255.16 | - 107.33 |
Solvency | |||||
Equity ratio | 58.7 % | 61.6 % | 60.0 % | 58.2 % | 28.5 % |
Gearing | 31.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.3 | 2.2 | 2.2 | 1.4 |
Current ratio | 2.4 | 2.6 | 2.4 | 2.4 | 1.4 |
Cash and cash equivalents | 85.56 | 211.80 | 449.60 | 860.71 | 1 002.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BBB | BBB | A | BBB |
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