Vestervang Landbrug Invest ApS — Credit Rating and Financial Key Figures

CVR number: 38766414
Grenevej 7, 7190 Billund

Company information

Official name
Vestervang Landbrug Invest ApS
Established
2017
Company form
Private limited company
Industry

About Vestervang Landbrug Invest ApS

Vestervang Landbrug Invest ApS (CVR number: 38766414) is a company from BILLUND. The company recorded a gross profit of 1708.2 kDKK in 2023. The operating profit was 498.6 kDKK, while net earnings were 714.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 13.6 %, 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. Vestervang Landbrug Invest ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 299.163 074.121 130.111 141.791 708.21
EBIT479.752 341.28353.17- 844.74498.55
Net earnings- 332.741 131.45- 137.53- 767.66714.25
Shareholders equity total- 376.08755.36617.836 059.846 774.09
Balance sheet total (assets)37 451.8932 826.1932 557.2350 744.9249 783.99
Net debt37 365.6831 247.1531 232.0442 953.9739 957.50
Profitability
EBIT-%
ROA1.5 %6.6 %1.1 %0.0 %5.9 %
ROE-1.8 %5.9 %-20.0 %-23.0 %11.1 %
ROI1.2 %6.7 %1.1 %0.0 %6.0 %
Economic value added (EVA)-1 198.24-18.17-1 349.22-2 226.10-2 035.28
Solvency
Equity ratio-1.0 %2.3 %1.9 %11.9 %13.6 %
Gearing-9979.3 %4148.4 %5071.5 %710.2 %598.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.10.20.6
Current ratio0.30.10.10.20.6
Cash and cash equivalents164.7688.58100.9482.36567.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.94%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.6%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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