A. V. VEJGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 56481710
Enghavevej 1-9, 6950 Ringkøbing
tel: 97322188

Company information

Official name
A. V. VEJGAARD A/S
Personnel
22 persons
Established
1976
Company form
Limited company
Industry

About A. V. VEJGAARD A/S

A. V. VEJGAARD A/S (CVR number: 56481710) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 9570.9 kDKK in 2023. The operating profit was 1007.7 kDKK, while net earnings were 517.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72 %, 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. A. V. VEJGAARD A/S's liquidity measured by quick ratio was 0.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit11 779.4310 308.0011 567.0113 507.569 570.93
EBIT3 379.302 246.443 037.864 602.201 007.72
Net earnings2 483.161 628.862 247.583 509.87517.49
Shareholders equity total26 350.2627 979.1230 226.7033 736.5719 075.46
Balance sheet total (assets)34 094.7134 225.7135 293.1644 010.4726 475.60
Net debt-3 268.49-3 118.85-2 507.45- 357.743 549.03
Profitability
EBIT-%
ROA10.6 %6.6 %8.7 %11.6 %3.0 %
ROE9.7 %6.0 %7.7 %11.0 %2.0 %
ROI12.2 %7.8 %9.9 %12.8 %3.3 %
Economic value added (EVA)1 480.60620.871 124.452 208.77- 676.44
Solvency
Equity ratio77.3 %82.0 %85.8 %76.7 %72.0 %
Gearing2.3 %13.0 %22.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.91.50.70.5
Current ratio3.54.76.73.03.5
Cash and cash equivalents3 867.303 118.852 507.454 757.74655.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:3.00%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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