MICHAEL VEST HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26770394
Nedersøparken 35, Jels 6630 Rødding
tel: 75832601
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Company information

Official name
MICHAEL VEST HOLDING ApS
Personnel
1 person
Established
2002
Domicile
Jels
Company form
Private limited company
Industry

About MICHAEL VEST HOLDING ApS

MICHAEL VEST HOLDING ApS (CVR number: 26770394) is a company from VEJEN. The company recorded a gross profit of 2305 kDKK in 2024. The operating profit was 1922.6 kDKK, while net earnings were 7285.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. MICHAEL VEST HOLDING ApS's liquidity measured by quick ratio was 50.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit108.4326.1137.81418.832 304.96
EBIT-88.33- 170.76- 339.31-25.821 922.65
Net earnings1 894.651 922.05-1 628.724 312.347 285.36
Shareholders equity total27 842.6327 764.6824 635.9627 448.3030 059.47
Balance sheet total (assets)33 883.4933 297.1539 796.2741 717.1741 966.84
Net debt-16 731.77-15 667.22- 206.99183.80-4 204.85
Profitability
EBIT-%
ROA7.3 %7.8 %3.2 %11.9 %19.4 %
ROE6.9 %6.9 %-6.2 %16.6 %25.3 %
ROI7.8 %7.9 %3.3 %12.0 %19.6 %
Economic value added (EVA)-1 690.87-1 801.77-2 006.51-2 014.79- 264.26
Solvency
Equity ratio82.2 %83.4 %61.9 %65.8 %71.6 %
Gearing19.4 %19.5 %60.7 %50.9 %38.6 %
Relative net indebtedness %
Liquidity
Quick ratio36.2178.163.036.950.4
Current ratio36.2178.163.036.950.4
Cash and cash equivalents22 145.2421 080.7015 152.5313 787.7915 796.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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