VÆKST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VÆKST A/S
VÆKST A/S (CVR number: 15350032) is a company from ROSKILDE. The company recorded a gross profit of 233.6 kDKK in 2023. The operating profit was -167.5 kDKK, while net earnings were -134.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.4 %, which can be considered poor and Return on Equity (ROE) was -33.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.8 %, 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. VÆKST A/S's liquidity measured by quick ratio was 1.2 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 393.00 | 560.00 | 492.84 | 241.53 | 233.63 |
EBIT | - 349.81 | 2 189.00 | -29.80 | - 309.31 | - 167.47 |
Net earnings | - 388.09 | 1 826.00 | - 303.29 | - 161.94 | - 134.86 |
Shareholders equity total | 1 142.85 | 2 963.00 | 660.01 | 498.07 | 306.18 |
Balance sheet total (assets) | 4 047.99 | 3 886.00 | 3 335.36 | 759.15 | 667.92 |
Net debt | 2 035.12 | -3 291.00 | - 691.23 | -36.52 | - 160.55 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.3 % | 55.2 % | -0.8 % | -10.1 % | -23.4 % |
ROE | -29.0 % | 88.9 % | -16.7 % | -28.0 % | -33.5 % |
ROI | -9.3 % | 64.2 % | -0.9 % | -11.7 % | -41.4 % |
Economic value added (EVA) | - 518.10 | 1 715.19 | 12.08 | - 120.28 | - 158.57 |
Solvency | |||||
Equity ratio | 28.2 % | 76.2 % | 19.8 % | 65.6 % | 45.8 % |
Gearing | 203.6 % | 12.7 % | 360.1 % | 0.0 % | 0.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 4.1 | 1.1 | 2.0 | 1.2 |
Current ratio | 0.7 | 4.1 | 1.2 | 2.0 | 1.2 |
Cash and cash equivalents | 291.31 | 3 666.00 | 3 067.71 | 36.71 | 161.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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