Vestegnens Bazar ApS — Credit Rating and Financial Key Figures

CVR number: 42357391
Brøndby Strand Centrum 9, 2660 Brøndby Strand

Credit rating

Company information

Official name
Vestegnens Bazar ApS
Personnel
18 persons
Established
2021
Company form
Private limited company
Industry

About Vestegnens Bazar ApS

Vestegnens Bazar ApS (CVR number: 42357391) is a company from BRØNDBY. The company recorded a gross profit of 5875.7 kDKK in 2023. The operating profit was 1232.9 kDKK, while net earnings were 962 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 65.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Vestegnens Bazar ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit2 293.405 338.785 875.68
EBIT247.831 051.271 232.91
Net earnings190.91756.83961.96
Shareholders equity total230.91979.231 941.20
Balance sheet total (assets)5 697.667 311.6910 279.43
Net debt3 399.333 488.432 710.02
Profitability
EBIT-%
ROA4.3 %16.2 %14.0 %
ROE82.7 %125.1 %65.9 %
ROI6.5 %23.9 %24.9 %
Economic value added (EVA)192.25667.23867.55
Solvency
Equity ratio4.1 %13.4 %18.9 %
Gearing1533.3 %408.4 %152.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.1
Current ratio1.51.61.3
Cash and cash equivalents141.24511.10248.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.9%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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