VISTI GERTSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VISTI GERTSEN HOLDING A/S
VISTI GERTSEN HOLDING A/S (CVR number: 29398844) is a company from FAVRSKOV. The company recorded a gross profit of 467.1 kDKK in 2023. The operating profit was 395.8 kDKK, while net earnings were 4109.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VISTI GERTSEN HOLDING 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 54.07 | 41.31 | 2 099.45 | -33.79 | 467.13 |
EBIT | 2.09 | -59.94 | 3 349.96 | -84.69 | 395.84 |
Net earnings | 588.25 | 8 868.28 | 4 864.94 | 5 082.11 | 4 109.11 |
Shareholders equity total | 140 076.09 | 150 037.21 | 155 048.84 | 162 240.52 | 160 373.72 |
Balance sheet total (assets) | 140 165.59 | 150 698.66 | 164 421.82 | 163 913.29 | 162 131.62 |
Net debt | -34.24 | 119.88 | 8 927.90 | 1 224.96 | 928.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | 6.4 % | 6.2 % | 3.2 % | 3.0 % |
ROE | 0.4 % | 6.1 % | 3.2 % | 3.2 % | 2.5 % |
ROI | 0.8 % | 6.4 % | 6.3 % | 3.2 % | 3.0 % |
Economic value added (EVA) | - 240.70 | - 471.84 | 2 564.39 | 256.86 | 807.17 |
Solvency | |||||
Equity ratio | 99.9 % | 99.6 % | 94.3 % | 99.0 % | 98.9 % |
Gearing | 0.0 % | 0.1 % | 5.8 % | 0.8 % | 0.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 41.5 | 1.4 | 0.1 | 0.2 | 0.1 |
Current ratio | 41.5 | 1.4 | 0.1 | 0.2 | 0.1 |
Cash and cash equivalents | 88.73 | 32.88 | 2.81 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AAA | AA | AA |
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