VESTKYSTENS EL ApS — Credit Rating and Financial Key Figures

VESTKYSTENS EL ApS (CVR number: 29637415) is a company from VARDE. The company recorded a gross profit of 3188 kDKK in 2023. The operating profit was 436.2 kDKK, while net earnings were 310.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VESTKYSTENS EL ApS'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.