VEST PROMOTE ApS — Credit Rating and Financial Key Figures

CVR number: 36746017
Jægervænget 6, 6800 Varde
tel: 75211934
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Credit rating

Company information

Official name
VEST PROMOTE ApS
Established
1974
Company form
Private limited company
Industry

About VEST PROMOTE ApS

VEST PROMOTE ApS (CVR number: 36746017) is a company from VARDE. The company recorded a gross profit of -36.6 kDKK in 2024. The operating profit was -36.6 kDKK, while net earnings were 201.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VEST PROMOTE ApS's liquidity measured by quick ratio was 66.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-34.38-23.34-36.41-35.80-36.58
EBIT-34.38-23.34-36.41-35.80-36.58
Net earnings2 117.616 100.35-1 845.05663.52201.74
Shareholders equity total12 178.5318 078.8715 733.8215 397.3414 599.09
Balance sheet total (assets)12 712.5919 780.8916 284.7215 627.9214 822.05
Net debt-12 677.84-19 765.60-15 720.90-14 687.34-14 190.01
Profitability
EBIT-%
ROA23.6 %48.4 %10.3 %14.3 %5.4 %
ROE18.8 %40.3 %-10.9 %4.3 %1.3 %
ROI24.1 %51.9 %11.0 %14.5 %5.5 %
Economic value added (EVA)- 546.05- 631.10- 937.95- 821.42- 813.04
Solvency
Equity ratio95.8 %91.4 %96.6 %98.5 %98.5 %
Gearing0.2 %0.0 %0.4 %1.4 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio23.811.629.567.766.4
Current ratio23.811.629.567.766.4
Cash and cash equivalents12 696.4219 770.8915 780.2914 897.9214 392.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:5.45%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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