VESTFYNS MARINECENTER ApS

CVR number: 48056113
Værkstedsvej 16 B, Skrillinge 5500 Middelfart

Credit rating

Company information

Official name
VESTFYNS MARINECENTER ApS
Personnel
2 persons
Established
1974
Domicile
Skrillinge
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About VESTFYNS MARINECENTER ApS

VESTFYNS MARINECENTER ApS (CVR number: 48056113) is a company from MIDDELFART. The company recorded a gross profit of 893.1 kDKK in 2023. The operating profit was 488.2 kDKK, while net earnings were 265.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 111 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.6 %, 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. VESTFYNS MARINECENTER 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
20192020202120222023
Volume
Net sales
Gross profit1 195.851 149.73701.461 006.53893.09
EBIT651.33508.78-77.88375.32488.19
Net earnings436.19339.74- 201.75200.09265.20
Shareholders equity total- 231.73108.01-93.74106.36371.56
Balance sheet total (assets)4 156.114 194.353 612.163 182.743 194.09
Net debt3 933.832 988.932 865.152 465.312 043.68
Profitability
EBIT-%
ROA13.8 %11.9 %-2.0 %10.9 %15.3 %
ROE10.2 %15.9 %-10.8 %10.8 %111.0 %
ROI15.5 %14.1 %-2.5 %13.7 %19.2 %
Economic value added (EVA)594.85429.95- 123.99438.52484.76
Solvency
Equity ratio-5.4 %2.6 %-2.5 %3.3 %11.6 %
Gearing-1701.6 %2934.7 %-3061.5 %2353.7 %566.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.80.20.00.0
Current ratio2.92.21.01.01.1
Cash and cash equivalents9.17180.954.6538.0361.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.6%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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