HENNING VESTERGAARD & SØN ApS — Credit Rating and Financial Key Figures

CVR number: 75114818
Torvegade 55, 1400 København K
tel: 32950270

Company information

Official name
HENNING VESTERGAARD & SØN ApS
Personnel
15 persons
Established
1984
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 671.696 998.523 294.394 534.053 291.76
EBIT-5 160.271 027.66-2 629.84- 538.20- 726.51
Net earnings-4 684.80167.39-3 074.03- 401.15- 559.07
Shareholders equity total1 470.461 637.85-1 436.1834 529.7833 970.71
Balance sheet total (assets)40 420.7844 842.4848 263.1541 182.1843 593.26
Net debt30 070.9733 727.7741 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)-4 241.88842.18-1 908.96- 189.22-2 197.69
Solvency
Equity ratio3.8 %3.8 %-3.0 %85.9 %79.4 %
Gearing2297.3 %2332.8 %-3131.5 %5.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.41.10.6
Current ratio0.91.00.95.33.9
Cash and cash equivalents3 710.194 479.383 555.532 090.322 162.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBABBBAA

Variable visualization

ROA:-1.31%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.4%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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