Vestergaard Management ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vestergaard Management ApS
Vestergaard Management ApS (CVR number: 38740598) is a company from KOLDING. The company recorded a gross profit of 30.5 kDKK in 2023. The operating profit was 2.1 kDKK, while net earnings were -3.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Vestergaard Management ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -35.23 | 25.09 | 11.67 | 38.68 | 30.46 |
EBIT | -35.23 | 25.09 | 11.67 | 14.88 | 2.06 |
Net earnings | -35.25 | 24.40 | 8.36 | 8.93 | -3.22 |
Shareholders equity total | 18.82 | 43.22 | 51.59 | 60.52 | 57.30 |
Balance sheet total (assets) | 40.02 | 101.35 | 125.81 | 153.19 | 164.06 |
Net debt | -34.59 | -99.35 | - 125.81 | - 153.19 | - 164.06 |
Profitability | |||||
EBIT-% | |||||
ROA | -61.8 % | 35.5 % | 10.3 % | 10.7 % | 1.3 % |
ROE | -96.7 % | 78.7 % | 17.6 % | 15.9 % | -5.5 % |
ROI | -96.7 % | 80.9 % | 24.6 % | 26.5 % | 3.5 % |
Economic value added (EVA) | -35.11 | 25.89 | 12.32 | 13.80 | 6.71 |
Solvency | |||||
Equity ratio | 47.0 % | 42.6 % | 41.0 % | 39.5 % | 34.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.7 | 1.7 | 1.7 | 1.5 |
Current ratio | 1.9 | 1.7 | 1.7 | 1.7 | 1.5 |
Cash and cash equivalents | 34.59 | 99.35 | 125.81 | 153.19 | 164.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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