VESTERÅST SKOV ApS — Credit Rating and Financial Key Figures

CVR number: 26820308
Åstvej 16, Lindeballe 7321 Gadbjerg

Credit rating

Company information

Official name
VESTERÅST SKOV ApS
Established
2002
Domicile
Lindeballe
Company form
Private limited company
Industry

About VESTERÅST SKOV ApS

VESTERÅST SKOV ApS (CVR number: 26820308) is a company from VEJLE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 21.4 % compared to the previous year. The operating profit percentage was at 34.5 % (EBIT: 0 mDKK), while net earnings were 36.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTERÅST SKOV ApS's liquidity measured by quick ratio was 1.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales93.2697.08103.61111.34135.17
Gross profit34.7351.5651.0563.3454.72
EBIT26.6043.4342.9255.2146.58
Net earnings20.7334.1433.6943.1036.15
Shareholders equity total2 222.012 256.152 169.842 212.942 137.09
Balance sheet total (assets)2 236.322 276.152 191.282 232.852 177.11
Net debt-88.95- 139.43-63.41- 107.63-62.31
Profitability
EBIT-%28.5 %44.7 %41.4 %49.6 %34.5 %
ROA1.2 %1.9 %1.9 %2.5 %2.1 %
ROE0.9 %1.5 %1.5 %2.0 %1.7 %
ROI1.2 %2.0 %2.0 %2.5 %2.2 %
Economic value added (EVA)-97.87-77.77-79.89-66.02-74.96
Solvency
Equity ratio99.4 %99.1 %99.0 %99.1 %98.2 %
Gearing
Relative net indebtedness %-80.0 %-123.0 %-40.5 %-78.8 %-16.5 %
Liquidity
Quick ratio6.57.03.05.71.6
Current ratio6.57.03.05.71.6
Cash and cash equivalents88.95139.4363.41107.6362.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %83.7 %124.0 %40.7 %83.9 %19.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.12%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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