VESTER TIM AGRO ApS — Credit Rating and Financial Key Figures

CVR number: 36046244
Svingelvej 4, 6980 Tim

Credit rating

Company information

Official name
VESTER TIM AGRO ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About VESTER TIM AGRO ApS

VESTER TIM AGRO ApS (CVR number: 36046244) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -11.9 kDKK in 2022. The operating profit was -133 kDKK, while net earnings were -466.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -14.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTER TIM AGRO ApS's liquidity measured by quick ratio was 31.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit1 619.671 910.66504.21-17.21-11.86
EBIT227.15- 497.2023.41-86.76- 132.97
Net earnings- 220.98- 860.69521.15587.16- 466.51
Shareholders equity total3 113.562 252.872 774.013 361.182 894.67
Balance sheet total (assets)17 697.5116 142.742 969.623 435.912 985.66
Net debt13 553.5912 681.15-2 042.76-2 682.56-2 511.28
Profitability
EBIT-%
ROA1.2 %-2.9 %2.9 %19.7 %-2.6 %
ROE-6.9 %-32.1 %20.7 %19.1 %-14.9 %
ROI1.3 %-3.0 %3.0 %20.5 %-2.6 %
Economic value added (EVA)- 572.13-1 265.62- 669.29- 123.45- 167.22
Solvency
Equity ratio27.5 %20.2 %93.4 %97.8 %97.0 %
Gearing442.3 %564.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.60.913.442.231.4
Current ratio3.02.013.442.231.4
Cash and cash equivalents216.5845.722 042.762 682.562 511.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:-2.58%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.0%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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