AUTOHUSET VESTERGAARD PERSONVOGNE HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AUTOHUSET VESTERGAARD PERSONVOGNE HOLDING A/S
AUTOHUSET VESTERGAARD PERSONVOGNE HOLDING A/S (CVR number: 27929990K) is a company from HORSENS. The company reported a net sales of 3814.6 mDKK in 2023, demonstrating a decline of -0.1 % compared to the previous year. The operating profit percentage was at 0.1 % (EBIT: 3.5 mDKK), while net earnings were -16.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AUTOHUSET VESTERGAARD PERSONVOGNE HOLDING A/S's liquidity measured by quick ratio was 0.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 038.01 | 3 100.75 | 3 470.53 | 3 819.47 | 3 814.61 |
Gross profit | 3 038.01 | 3 100.75 | 3 470.53 | 402.26 | 345.01 |
EBIT | 62.01 | 54.56 | 86.77 | 62.85 | 3.46 |
Net earnings | 40.09 | 33.76 | 59.99 | 38.81 | -16.37 |
Shareholders equity total | 334.49 | 363.71 | 423.42 | 451.67 | 428.38 |
Balance sheet total (assets) | 927.69 | 918.95 | 1 001.28 | 1 023.90 | 1 014.89 |
Net debt | 174.66 | 238.88 | |||
Profitability | |||||
EBIT-% | 2.0 % | 1.8 % | 2.5 % | 1.6 % | 0.1 % |
ROA | 7.1 % | 5.9 % | 9.0 % | 6.2 % | 0.4 % |
ROE | 13.0 % | 9.7 % | 15.2 % | 8.9 % | -3.8 % |
ROI | 8.4 % | 5.9 % | 9.0 % | 7.1 % | 0.5 % |
Economic value added (EVA) | 47.23 | 37.75 | 68.49 | 27.03 | -20.40 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 44.1 % | 42.2 % |
Gearing | 38.8 % | 56.0 % | |||
Relative net indebtedness % | 13.3 % | 13.9 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | |||
Current ratio | 1.9 | 1.8 | |||
Cash and cash equivalents | 0.60 | 0.96 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 21.9 | 24.0 | |||
Net working capital % | 9.6 % | 8.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | A |
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