VESTFORSYNING BELYSNING A/S — Credit Rating and Financial Key Figures

CVR number: 27446302
Nupark 51, Måbjerg 7500 Holstebro

Credit rating

Company information

Official name
VESTFORSYNING BELYSNING A/S
Established
2003
Domicile
Måbjerg
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About VESTFORSYNING BELYSNING A/S

VESTFORSYNING BELYSNING A/S (CVR number: 27446302) is a company from HOLSTEBRO. The company reported a net sales of 18.6 mDKK in 2023, demonstrating a decline of -3.5 % compared to the previous year. The operating profit percentage was at 12.7 % (EBIT: 2.4 mDKK), while net earnings were 774 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 21.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VESTFORSYNING BELYSNING A/S'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales18 293.0018 833.0018 360.0019 299.0018 628.00
Gross profit3 273.004 051.004 370.003 745.004 341.00
EBIT2 333.002 068.002 081.001 206.002 367.00
Net earnings643.00411.00487.00- 228.00774.00
Shareholders equity total16 361.0016 772.0017 259.0017 031.0017 805.00
Balance sheet total (assets)80 217.0080 081.0086 456.0082 040.0083 239.00
Net debt49 604.0050 281.0052 383.0051 209.0047 015.00
Profitability
EBIT-%12.8 %11.0 %11.3 %6.2 %12.7 %
ROA3.0 %2.6 %2.5 %1.4 %3.0 %
ROE4.0 %2.5 %2.9 %-1.3 %4.4 %
ROI3.0 %2.6 %2.5 %1.4 %3.0 %
Economic value added (EVA)507.20403.64349.17- 202.12577.17
Solvency
Equity ratio20.4 %20.9 %20.0 %20.8 %21.4 %
Gearing326.3 %313.7 %332.0 %309.7 %287.5 %
Relative net indebtedness %274.4 %270.8 %289.3 %266.9 %263.5 %
Liquidity
Quick ratio1.20.40.80.70.6
Current ratio1.20.40.80.70.6
Cash and cash equivalents3 790.002 326.004 915.001 539.004 172.00
Capital use efficiency
Trade debtors turnover (days)1.42.43.51.4
Net working capital %4.9 %-17.5 %-9.2 %-5.6 %-17.0 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:3.00%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.4%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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

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