L. VESTERGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31484707
Danmarksgade 17, 7500 Holstebro

Company information

Official name
L. VESTERGAARD HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About L. VESTERGAARD HOLDING ApS

L. VESTERGAARD HOLDING ApS (CVR number: 31484707) is a company from HOLSTEBRO. The company recorded a gross profit of -7.4 kDKK in 2023. The operating profit was -7.4 kDKK, while net earnings were 875 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. L. VESTERGAARD HOLDING ApS's liquidity measured by quick ratio was 28.3 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 profit-8.50-9.50-5.63-6.50-7.38
EBIT-8.50-9.50-5.63-6.50-7.38
Net earnings474.561 813.261 253.96563.36875.02
Shareholders equity total3 134.634 837.305 978.266 484.415 459.43
Balance sheet total (assets)3 233.425 193.476 125.406 494.115 508.20
Net debt- 704.56- 988.94-1 683.80-2 146.32-1 339.85
Profitability
EBIT-%
ROA16.5 %44.3 %22.4 %9.7 %16.2 %
ROE16.1 %45.5 %23.2 %9.0 %14.7 %
ROI17.2 %46.8 %23.4 %9.8 %16.3 %
Economic value added (EVA)-8.9429.93105.82127.2082.73
Solvency
Equity ratio96.9 %93.1 %97.6 %99.9 %99.1 %
Gearing0.0 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio8.03.712.4267.028.3
Current ratio8.03.712.4267.028.3
Cash and cash equivalents704.56990.731 701.922 146.321 339.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:16.2%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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