VESTJYLLANDS HØRECENTER ApS — Credit Rating and Financial Key Figures

CVR number: 34472386
Smedegade 11, 7600 Struer
info@vestjyllandshc.dk
tel: 97851212
www.vestjyllandshc.dk

Credit rating

Company information

Official name
VESTJYLLANDS HØRECENTER ApS
Personnel
10 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About VESTJYLLANDS HØRECENTER ApS

VESTJYLLANDS HØRECENTER ApS (CVR number: 34472386) is a company from STRUER. The company recorded a gross profit of 3607.4 kDKK in 2023. The operating profit was 328.3 kDKK, while net earnings were 251 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 23.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VESTJYLLANDS HØRECENTER ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 563.933 051.654 958.153 488.213 607.41
EBIT755.20585.091 988.31497.32328.29
Net earnings563.86434.931 535.36378.35250.99
Shareholders equity total660.16930.092 265.451 143.80994.79
Balance sheet total (assets)2 351.972 358.583 961.292 105.092 598.17
Net debt-68.00-74.54- 723.20-98.44- 175.25
Profitability
EBIT-%
ROA31.3 %24.9 %62.9 %16.4 %14.0 %
ROE61.7 %54.7 %96.1 %22.2 %23.5 %
ROI71.9 %62.0 %114.1 %28.0 %30.6 %
Economic value added (EVA)550.48427.821 505.35306.52199.94
Solvency
Equity ratio28.1 %39.4 %57.2 %54.3 %38.3 %
Gearing13.9 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.52.31.71.2
Current ratio1.31.62.41.91.5
Cash and cash equivalents159.8774.54723.2098.44177.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.3%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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