VESTERGAARD & CO ApS — Credit Rating and Financial Key Figures

CVR number: 29407509
Hostrupkrogen 26, 9500 Hobro
info@vesco.dk
tel: 98510030
www.vesco.dk

Credit rating

Company information

Official name
VESTERGAARD & CO ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About VESTERGAARD & CO ApS

VESTERGAARD & CO ApS (CVR number: 29407509) is a company from MARIAGERFJORD. The company recorded a gross profit of 1932.6 kDKK in 2023. The operating profit was 1062.3 kDKK, while net earnings were 854.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.3 %, which can be considered excellent and Return on Equity (ROE) was 49.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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. VESTERGAARD & CO ApS's liquidity measured by quick ratio was 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 181.311 055.191 570.891 487.571 932.60
EBIT353.61322.33816.83687.461 062.30
Net earnings349.46303.47663.75559.91854.63
Shareholders equity total3 928.821 232.291 596.041 555.951 910.58
Balance sheet total (assets)4 445.071 809.272 062.072 045.412 824.21
Net debt- 591.02- 879.74- 379.00- 703.14-1 307.53
Profitability
EBIT-%
ROA9.7 %12.3 %44.6 %35.0 %45.3 %
ROE9.1 %11.8 %46.9 %35.5 %49.3 %
ROI12.0 %14.9 %61.0 %45.6 %63.7 %
Economic value added (EVA)246.8190.29615.64472.13779.75
Solvency
Equity ratio89.7 %68.1 %77.4 %76.1 %72.9 %
Gearing0.2 %
Relative net indebtedness %
Liquidity
Quick ratio9.83.14.44.24.0
Current ratio8.63.14.44.23.1
Cash and cash equivalents598.37879.74379.00703.141 307.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:45.3%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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