Vestkorn A/S — Credit Rating and Financial Key Figures

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 1825.1 kDKK in 2024. The operating profit was -4303.7 kDKK, while net earnings were -5387.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -136.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.2 %, 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. 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 989.797 408.1011 447.4510 932.111 825.08
EBIT2 018.272 009.043 925.284 664.49-4 303.68
Net earnings887.661 107.362 174.111 803.37-5 387.38
Shareholders equity total2 506.503 613.854 831.816 635.171 247.79
Balance sheet total (assets)45 691.7555 019.5662 066.4756 617.5157 813.57
Net debt24 027.4729 658.6532 401.7733 036.7438 330.51
Profitability
EBIT-%
ROA5.0 %4.0 %6.9 %8.3 %-7.4 %
ROE43.0 %36.2 %51.5 %31.5 %-136.7 %
ROI5.5 %4.4 %7.7 %9.2 %-7.9 %
Economic value added (EVA)1 903.062 129.773 671.163 946.21-3 346.52
Solvency
Equity ratio5.5 %19.3 %7.8 %11.7 %2.2 %
Gearing1518.0 %1257.9 %897.4 %601.0 %3868.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.11.21.2
Current ratio1.11.21.51.81.6
Cash and cash equivalents14 022.2115 801.1310 959.326 841.169 935.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABB

Variable visualization

ROA:-7.38%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.16%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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