Vestkorn A/S

CVR number: 37336432
F.L.Hansens Vej 6, 7500 Holstebro

Credit rating

Company information

Official name
Vestkorn A/S
Personnel
7 persons
Established
2015
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Vestkorn A/S

Vestkorn A/S (CVR number: 37336432) is a company from HOLSTEBRO. The company recorded a gross profit of 10.9 mDKK in 2023. The operating profit was 4664.5 kDKK, while net earnings were 1803.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.7 %, 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. Vestkorn A/S'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 profit5 972.576 989.797 408.1011 447.4510 932.11
EBIT1 084.002 018.272 009.043 925.284 664.49
Net earnings433.27887.661 107.362 174.111 803.37
Shareholders equity total1 618.842 506.503 613.854 831.816 635.17
Balance sheet total (assets)35 405.7345 691.7555 019.5662 066.4756 617.51
Net debt22 219.5124 027.4729 658.6532 401.7733 036.74
Profitability
EBIT-%
ROA4.8 %5.0 %4.0 %6.9 %8.3 %
ROE30.9 %43.0 %36.2 %51.5 %31.5 %
ROI5.5 %5.5 %4.4 %7.7 %9.2 %
Economic value added (EVA)883.601 903.062 129.773 671.163 946.21
Solvency
Equity ratio4.6 %5.5 %19.3 %7.8 %11.7 %
Gearing1895.8 %1518.0 %1257.9 %897.4 %601.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.91.11.11.2
Current ratio1.01.11.21.51.8
Cash and cash equivalents8 471.2214 022.2115 801.1310 959.326 841.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.28%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.7%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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