VOGNMANDSFIRMAET GERT SVITH A/S — Credit Rating and Financial Key Figures

CVR number: 29820511
Rugvænget 38, 8500 Grenaa

Company information

Official name
VOGNMANDSFIRMAET GERT SVITH A/S
Personnel
76 persons
Established
2009
Company form
Limited company
Industry

About VOGNMANDSFIRMAET GERT SVITH A/S

VOGNMANDSFIRMAET GERT SVITH A/S (CVR number: 29820511) is a company from NORDDJURS. The company recorded a gross profit of 69.5 mDKK in 2023. The operating profit was 12.1 mDKK, while net earnings were 8566.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 32.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.4 %, 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. VOGNMANDSFIRMAET GERT SVITH A/S's liquidity measured by quick ratio was 0.8 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 profit43 410.6250 657.0157 933.0360 589.0069 529.48
EBIT5 412.739 311.8110 289.6310 714.0012 123.71
Net earnings3 612.517 008.278 064.448 611.008 566.52
Shareholders equity total32 189.7036 197.9840 262.4246.7753 239.77
Balance sheet total (assets)80 768.2186 589.3898 859.74100 742.00110 106.35
Net debt20 380.0013 367.2119 823.7817 846.0018 252.96
Profitability
EBIT-%
ROA6.6 %11.5 %11.7 %11.5 %11.6 %
ROE11.3 %20.5 %21.1 %42.7 %32.2 %
ROI7.8 %13.9 %14.3 %14.2 %14.7 %
Economic value added (EVA)741.603 851.564 609.564 448.097 757.30
Solvency
Equity ratio39.9 %41.8 %40.7 %0.1 %48.4 %
Gearing64.7 %49.2 %50.8 %40217.6 %35.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.70.80.8
Current ratio0.70.80.70.80.8
Cash and cash equivalents439.104 424.19622.59965.00409.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.4%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Chairman of the board

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