VESTFORSYNING VAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTFORSYNING VAND A/S
VESTFORSYNING VAND A/S (CVR number: 26704022) is a company from HOLSTEBRO. The company reported a net sales of 37.4 mDKK in 2024, demonstrating a growth of 3.1 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 1.3 mDKK), while net earnings were 9374 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTFORSYNING VAND A/S's liquidity measured by quick ratio was 2.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 34.43 | 35.05 | 34.90 | 36.24 | 37.38 |
Gross profit | 6.48 | 7.50 | 5.98 | 6.88 | 7.84 |
EBIT | 0.70 | 2.35 | 0.03 | 1.14 | 1.28 |
Net earnings | 0.39 | 0.50 | 5.40 | 0.09 | 9.37 |
Shareholders equity total | 499.57 | 502.95 | 516.51 | 515.32 | 524.37 |
Balance sheet total (assets) | 612.15 | 620.73 | 625.43 | 620.50 | 625.78 |
Net debt | 56.79 | 41.73 | 43.13 | 39.20 | 40.25 |
Profitability | |||||
EBIT-% | 2.0 % | 6.7 % | 0.1 % | 3.2 % | 3.4 % |
ROA | 0.1 % | 0.4 % | 0.0 % | 0.3 % | 0.3 % |
ROE | 0.1 % | 0.1 % | 1.1 % | 0.0 % | 1.8 % |
ROI | 0.1 % | 0.4 % | 0.0 % | 0.3 % | 0.3 % |
Economic value added (EVA) | -28.17 | -26.19 | -28.54 | -27.92 | -27.92 |
Solvency | |||||
Equity ratio | 81.6 % | 81.0 % | 82.6 % | 83.0 % | 83.8 % |
Gearing | 13.7 % | 13.0 % | 12.0 % | 11.3 % | 10.4 % |
Relative net indebtedness % | 293.0 % | 268.7 % | 258.1 % | 237.3 % | 233.8 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 2.0 | 1.8 | 2.3 |
Current ratio | 0.9 | 1.1 | 2.0 | 1.8 | 2.3 |
Cash and cash equivalents | 11.71 | 23.60 | 18.82 | 19.18 | 14.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.4 | 11.8 | 9.2 | 2.1 | 2.6 |
Net working capital % | -7.2 % | 5.1 % | 41.5 % | 25.6 % | 37.7 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | AAA |
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