VESTHIMMERLANDS MASKINSKOVNING ApS

CVR number: 28869258
Markvænget 7 A, 9600 Aars
tel: 96982001

Credit rating

Company information

Official name
VESTHIMMERLANDS MASKINSKOVNING ApS
Personnel
15 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon02Forestry and logging

About the company

VESTHIMMERLANDS MASKINSKOVNING ApS (CVR number: 28869258) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 14.6 mDKK in 2023. The operating profit was 1442 kDKK, while net earnings were 308.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 15.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VESTHIMMERLANDS MASKINSKOVNING ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit7 185.9310 501.6511 239.1514 393.0414 607.12
EBIT- 912.511 901.061 737.972 550.821 442.02
Net earnings- 992.541 224.371 108.761 660.81308.09
Shareholders equity total3 179.234 759.635 451.396 278.205 752.29
Balance sheet total (assets)25 750.1025 244.6527 124.0037 872.5336 932.83
Net debt7 041.424 951.535 181.357 746.469 948.95
Profitability
EBIT-%
ROA-3.4 %7.6 %6.9 %8.1 %4.0 %
ROE-25.6 %30.8 %21.7 %28.3 %5.1 %
ROI-3.6 %8.3 %7.6 %8.9 %4.4 %
Economic value added (EVA)-1 027.861 254.461 050.831 670.10681.49
Solvency
Equity ratio12.3 %18.9 %20.1 %16.7 %15.6 %
Gearing221.5 %104.0 %95.0 %123.4 %173.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.40.40.3
Current ratio0.30.50.60.60.5
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.04%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.6%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-10-04T14:01:12.200Z

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