VESTJYSK AUTOMOBIL-LAGER A/S

CVR number: 33373732
Energivej 4, 6800 Varde
jacob@bilerivarde.dk
tel: 75221211
www.bilerivarde.dk

Credit rating

Company information

Official name
VESTJYSK AUTOMOBIL-LAGER A/S
Personnel
3 persons
Established
2010
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About VESTJYSK AUTOMOBIL-LAGER A/S

VESTJYSK AUTOMOBIL-LAGER A/S (CVR number: 33373732) is a company from VARDE. The company recorded a gross profit of 607.4 kDKK in 2023. The operating profit was 198.9 kDKK, while net earnings were 119.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. VESTJYSK AUTOMOBIL-LAGER A/S's liquidity measured by quick ratio was 0.1 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 671.551 386.311 549.35579.65607.38
EBIT260.99232.19465.05137.78198.93
Net earnings6.4288.40410.0894.73119.42
Shareholders equity total197.50285.90695.98790.71910.13
Balance sheet total (assets)4 684.674 454.652 867.031 794.643 470.11
Net debt3 993.952 694.831 688.91723.482 277.79
Profitability
EBIT-%
ROA5.8 %6.7 %15.8 %5.9 %7.6 %
ROE3.3 %36.6 %83.5 %12.7 %14.0 %
ROI6.6 %8.5 %21.3 %6.9 %8.3 %
Economic value added (EVA)189.62144.14363.9974.36113.67
Solvency
Equity ratio25.6 %28.9 %59.2 %63.6 %36.3 %
Gearing2030.6 %948.0 %247.1 %93.5 %252.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.70.80.30.1
Current ratio1.31.42.42.81.6
Cash and cash equivalents16.6215.3730.8015.5022.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:7.56%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

Build time: 2024-11-01T03:08:39.737Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.