OVE VESTERGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 14142088
Vandværksvej 27, 9800 Hjørring

Company information

Official name
OVE VESTERGAARD ApS
Personnel
1 person
Established
1990
Company form
Private limited company
Industry

About OVE VESTERGAARD ApS

OVE VESTERGAARD ApS (CVR number: 14142088) is a company from HJØRRING. The company recorded a gross profit of 4912.1 kDKK in 2023. The operating profit was 2791.6 kDKK, while net earnings were 5111.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.4 %, which can be considered excellent and Return on Equity (ROE) was 32.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OVE VESTERGAARD ApS's liquidity measured by quick ratio was 171.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 535.392 164.272 340.501 701.784 912.07
EBIT515.77573.45199.45- 568.162 791.55
Net earnings651.392 478.9359.741 624.395 111.63
Shareholders equity total10 097.3712 076.3111 636.0413 146.0418 139.87
Balance sheet total (assets)11 747.0714 212.3413 546.1215 151.1719 961.58
Net debt-1 516.32- 716.86-1 240.55-10 539.05-17 481.11
Profitability
EBIT-%
ROA10.7 %24.6 %10.3 %15.7 %40.4 %
ROE6.6 %22.4 %0.5 %13.1 %32.7 %
ROI11.6 %27.0 %11.2 %17.1 %44.0 %
Economic value added (EVA)-19.5516.05- 404.79- 942.202 084.10
Solvency
Equity ratio86.0 %85.0 %85.9 %86.8 %90.9 %
Gearing1.9 %3.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.92.010.7171.6
Current ratio2.51.92.110.9171.6
Cash and cash equivalents1 516.32944.101 698.9810 539.0517 481.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:40.4%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.9%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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