Vestre Erhverv ApS — Credit Rating and Financial Key Figures

CVR number: 40691987
Skibbrogade 3, 9000 Aalborg

Credit rating

Company information

Official name
Vestre Erhverv ApS
Established
2019
Company form
Private limited company
Industry

About Vestre Erhverv ApS

Vestre Erhverv ApS (CVR number: 40691987) is a company from AALBORG. The company recorded a gross profit of 342.9 kDKK in 2023. The operating profit was 286.3 kDKK, while net earnings were 61.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69 %, 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. Vestre Erhverv ApS's liquidity measured by quick ratio was 1.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit203.75705.29863.02297.21342.94
EBIT- 354.52728.21891.78307.21286.27
Net earnings- 272.18495.52607.65198.6161.08
Shareholders equity total8 993.569 489.0710 096.7310 295.347 856.42
Balance sheet total (assets)18 367.5418 864.4317 669.9415 303.3111 388.90
Net debt6 972.736 758.955 001.642 814.011 839.11
Profitability
EBIT-%
ROA-1.9 %3.9 %4.9 %2.0 %2.5 %
ROE-3.0 %5.4 %6.2 %1.9 %0.7 %
ROI-1.9 %4.0 %5.0 %2.1 %2.6 %
Economic value added (EVA)- 213.18319.06-44.68- 481.58- 449.93
Solvency
Equity ratio49.0 %50.3 %57.1 %67.3 %69.0 %
Gearing78.0 %71.5 %49.5 %27.3 %23.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.03.21.1
Current ratio0.00.00.03.21.1
Cash and cash equivalents39.4629.711.071.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:2.51%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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