FONDEN MESSECENTER VESTHIMMERLAND

CVR number: 10278546
Messevej 1, 9600 Aars
info@messecenteret.dk
tel: 98624800

Credit rating

Company information

Official name
FONDEN MESSECENTER VESTHIMMERLAND
Personnel
16 persons
Established
1999
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About the company

FONDEN MESSECENTER VESTHIMMERLAND (CVR number: 10278546) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 4868.2 kDKK in 2023. The operating profit was 458.7 kDKK, while net earnings were 197.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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. FONDEN MESSECENTER VESTHIMMERLAND's liquidity measured by quick ratio was 1.3 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 profit4 308.954 364.964 629.654 918.994 868.21
EBIT419.85688.33591.13297.02458.68
Net earnings329.49566.77457.4577.86197.84
Shareholders equity total3 178.803 745.584 203.034 280.894 478.72
Balance sheet total (assets)17 839.8318 478.4619 655.5521 449.6320 372.57
Net debt-5.80- 201.94-1 887.191 733.331 987.30
Profitability
EBIT-%
ROA2.5 %3.8 %3.1 %1.5 %2.2 %
ROE10.9 %16.4 %11.5 %1.8 %4.5 %
ROI2.8 %4.2 %3.6 %2.4 %5.8 %
Economic value added (EVA)357.09554.90439.31207.14189.57
Solvency
Equity ratio18.1 %21.3 %22.1 %20.5 %22.4 %
Gearing16.3 %13.9 %12.5 %82.7 %77.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.81.31.31.3
Current ratio0.81.11.11.01.1
Cash and cash equivalents523.34724.292 414.401 806.661 461.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBB

Variable visualization

ROA:2.21%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.4%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

Companies in the same industry

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