Vestkystens Tømrer og Fuge ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vestkystens Tømrer og Fuge ApS
Vestkystens Tømrer og Fuge ApS (CVR number: 29246378) is a company from VARDE. The company recorded a gross profit of 15.9 kDKK in 2023. The operating profit was -21 kDKK, while net earnings were -16.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -17.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Vestkystens Tømrer og Fuge ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 148.30 | 141.94 | 157.38 | 471.62 | 15.95 |
EBIT | 90.14 | 138.46 | 31.91 | 25.71 | -20.99 |
Net earnings | 92.22 | 111.65 | 41.03 | -7.81 | -16.27 |
Shareholders equity total | 217.76 | 274.11 | 202.14 | 99.33 | 83.06 |
Balance sheet total (assets) | 296.56 | 414.45 | 285.95 | 201.31 | 142.68 |
Net debt | - 266.88 | - 313.59 | - 278.23 | - 187.86 | -48.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 46.1 % | 42.2 % | 15.9 % | -2.6 % | -10.1 % |
ROE | 46.9 % | 45.4 % | 17.2 % | -5.2 % | -17.8 % |
ROI | 61.3 % | 61.0 % | 23.4 % | -4.1 % | -19.0 % |
Economic value added (EVA) | 71.03 | 107.16 | 25.92 | 29.54 | -15.06 |
Solvency | |||||
Equity ratio | 73.4 % | 66.1 % | 70.7 % | 49.3 % | 58.2 % |
Gearing | 1.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 3.0 | 3.4 | 1.9 | 2.4 |
Current ratio | 3.8 | 3.0 | 3.4 | 1.9 | 2.4 |
Cash and cash equivalents | 266.88 | 313.59 | 278.23 | 188.81 | 48.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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