HENNING VESTERGAARD & SØN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HENNING VESTERGAARD & SØN ApS
HENNING VESTERGAARD & SØN ApS (CVR number: 75114818) is a company from KØBENHAVN. The company recorded a gross profit of 3291.8 kDKK in 2023. The operating profit was -726.5 kDKK, while net earnings were -559.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.4 %, 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. HENNING VESTERGAARD & SØN 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 671.69 | 6 998.52 | 3 294.39 | 4 534.05 | 3 291.76 |
EBIT | -5 160.27 | 1 027.66 | -2 629.84 | - 538.20 | - 726.51 |
Net earnings | -4 684.80 | 167.39 | -3 074.03 | - 401.15 | - 559.07 |
Shareholders equity total | 1 470.46 | 1 637.85 | -1 436.18 | 34 529.78 | 33 970.71 |
Balance sheet total (assets) | 40 420.78 | 44 842.48 | 48 263.15 | 41 182.18 | 43 593.26 |
Net debt | 30 070.97 | 33 727.77 | 41 418.63 | -2 090.32 | - 181.30 |
Profitability | |||||
EBIT-% | |||||
ROA | -11.9 % | 3.4 % | -4.6 % | -0.9 % | -1.3 % |
ROE | -122.9 % | 10.8 % | -12.3 % | -1.0 % | -1.6 % |
ROI | -13.4 % | 3.8 % | -5.1 % | -1.0 % | -1.6 % |
Economic value added (EVA) | -4 241.88 | 842.18 | -1 908.96 | - 189.22 | -2 197.69 |
Solvency | |||||
Equity ratio | 3.8 % | 3.8 % | -3.0 % | 85.9 % | 79.4 % |
Gearing | 2297.3 % | 2332.8 % | -3131.5 % | 5.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.4 | 1.1 | 0.6 |
Current ratio | 0.9 | 1.0 | 0.9 | 5.3 | 3.9 |
Cash and cash equivalents | 3 710.19 | 4 479.38 | 3 555.53 | 2 090.32 | 2 162.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | A | BBB | A | A |
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