VESTEA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTEA ApS
VESTEA ApS (CVR number: 34484406) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -133.7 kDKK in 2024. The operating profit was -133.7 kDKK, while net earnings were 45 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.9 %, which can be considered excellent and Return on Equity (ROE) was 35.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.1 %, 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. VESTEA ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 383.08 | - 209.89 | - 702.32 | - 139.62 | - 133.70 |
| EBIT | - 383.08 | - 209.89 | - 702.32 | - 139.62 | - 133.70 |
| Net earnings | 8 031.78 | 12 079.42 | 9 681.23 | 5 177.06 | 44 981.22 |
| Shareholders equity total | 76 796.17 | 88 875.59 | 98 556.82 | 103 733.88 | 148 715.10 |
| Balance sheet total (assets) | 90 352.52 | 104 686.98 | 132 584.81 | 148 275.93 | 187 945.44 |
| Net debt | -9 532.04 | -4 801.35 | 15 850.31 | 22 545.84 | 10 565.75 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.2 % | 13.8 % | 10.6 % | 5.2 % | 27.9 % |
| ROE | 11.0 % | 14.6 % | 10.3 % | 5.1 % | 35.6 % |
| ROI | 10.3 % | 13.8 % | 10.7 % | 5.2 % | 28.2 % |
| Economic value added (EVA) | -3 753.79 | -4 701.11 | -6 108.79 | -6 725.97 | -7 443.60 |
| Solvency | |||||
| Equity ratio | 85.0 % | 84.9 % | 74.3 % | 70.0 % | 79.1 % |
| Gearing | 17.6 % | 17.4 % | 33.7 % | 41.0 % | 25.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.6 | 3.4 | 1.0 | 1.2 | 1.9 |
| Current ratio | 3.6 | 3.4 | 1.0 | 1.2 | 1.9 |
| Cash and cash equivalents | 23 078.38 | 20 221.55 | 17 316.16 | 19 981.76 | 27 939.94 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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