OVE VESTERGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 14142088
Vandværksvej 27, 9800 Hjørring
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Credit rating

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 112.2 kDKK in 2024. The operating profit was 1.1 kDKK, while net earnings were -2449.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.3 %, 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 131.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 164.272 340.501 701.784 741.82112.23
EBIT573.45199.45- 568.162 791.551.08
Net earnings2 478.9359.741 624.395 111.63-2 449.53
Shareholders equity total12 076.3111 636.0413 146.0418 139.8715 568.34
Balance sheet total (assets)14 212.3413 546.1215 151.1719 929.8515 671.06
Net debt- 716.86-1 240.55-10 539.05-17 474.38-12 991.21
Profitability
EBIT-%
ROA24.6 %10.3 %15.7 %36.8 %1.8 %
ROE22.4 %0.5 %13.1 %32.7 %-14.5 %
ROI27.0 %11.2 %17.1 %40.0 %1.9 %
Economic value added (EVA)-90.92- 492.58-1 077.731 528.93- 933.93
Solvency
Equity ratio85.0 %85.9 %86.8 %91.0 %99.3 %
Gearing1.9 %3.9 %0.0 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.010.7258.1131.7
Current ratio1.92.110.9258.1131.7
Cash and cash equivalents944.101 698.9810 539.0517 481.1113 068.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.80%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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