VEST & VANG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEST & VANG ApS
VEST & VANG ApS (CVR number: 36391790) is a company from AARHUS. The company recorded a gross profit of -167.6 kDKK in 2023. The operating profit was -88.2 kDKK, while net earnings were 62.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VEST & VANG ApS's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 189.99 | 16.44 | 96.28 | -34.45 | - 167.56 |
EBIT | 280.16 | 1.44 | 51.28 | - 124.45 | -88.19 |
Net earnings | 930.16 | 1 104.56 | 934.67 | - 102.63 | 62.13 |
Shareholders equity total | 5 867.27 | 6 971.83 | 6 906.50 | 6 403.88 | 6 166.01 |
Balance sheet total (assets) | 7 709.06 | 8 721.61 | 8 588.47 | 7 880.69 | 7 655.49 |
Net debt | 660.04 | 647.92 | 725.02 | 789.53 | 892.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.5 % | 14.2 % | 11.4 % | 0.5 % | 0.9 % |
ROE | 15.8 % | 17.2 % | 13.5 % | -1.5 % | 1.0 % |
ROI | 14.0 % | 14.4 % | 11.5 % | 0.5 % | 0.9 % |
Economic value added (EVA) | - 135.66 | - 380.75 | - 383.27 | - 530.70 | - 447.24 |
Solvency | |||||
Equity ratio | 76.1 % | 79.9 % | 80.4 % | 81.3 % | 80.5 % |
Gearing | 28.5 % | 22.8 % | 21.9 % | 22.4 % | 22.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.5 | 8.3 | 5.0 | 7.4 | 2.3 |
Current ratio | 5.5 | 8.3 | 5.0 | 7.4 | 2.3 |
Cash and cash equivalents | 1 009.47 | 944.93 | 790.09 | 646.77 | 463.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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