Vestjysk Properties ApS — Credit Rating and Financial Key Figures

CVR number: 42623490
Styrmandsvænget 50, Hjerting 6710 Esbjerg V

Company information

Official name
Vestjysk Properties ApS
Established
2021
Domicile
Hjerting
Company form
Private limited company
Industry

About Vestjysk Properties ApS

Vestjysk Properties ApS (CVR number: 42623490) is a company from ESBJERG. The company recorded a gross profit of 431.4 kDKK in 2023. The operating profit was 472 kDKK, while net earnings were 232.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 90.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Vestjysk Properties ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit409.54431.42
EBIT440.05471.97
Net earnings215.97232.89
Shareholders equity total255.97258.85
Balance sheet total (assets)8 288.278 048.19
Net debt7 434.167 463.78
Profitability
EBIT-%
ROA5.4 %5.8 %
ROE84.4 %90.5 %
ROI5.6 %6.0 %
Economic value added (EVA)342.4472.11
Solvency
Equity ratio3.1 %3.2 %
Gearing3044.1 %2913.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.0
Current ratio0.20.0
Cash and cash equivalents357.7677.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAA

Variable visualization

ROA:5.78%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.22%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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