VESTVIND ApS — Credit Rating and Financial Key Figures

CVR number: 29309817
Jernbanegade 13, 7680 Thyborøn

Company information

Official name
VESTVIND ApS
Established
2006
Company form
Private limited company
Industry

About VESTVIND ApS

VESTVIND ApS (CVR number: 29309817) is a company from LEMVIG. The company recorded a gross profit of -5.9 kDKK in 2023. The operating profit was -67.4 kDKK, while net earnings were 58.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VESTVIND ApS's liquidity measured by quick ratio was 0.7 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 profit-4.98-5.83-4.80-4.90-5.87
EBIT-65.08-65.93-64.90-66.42-67.39
Net earnings33.4018.0410.8296.0358.33
Shareholders equity total280.65268.68249.50345.53403.86
Balance sheet total (assets)693.71614.08596.58646.60617.63
Net debt327.23276.54271.33134.8373.93
Profitability
EBIT-%
ROA10.0 %4.8 %3.8 %21.8 %12.9 %
ROE12.0 %6.6 %4.2 %32.3 %15.6 %
ROI10.2 %4.8 %3.9 %22.4 %13.4 %
Economic value added (EVA)-67.80-89.46-79.84-80.00-83.75
Solvency
Equity ratio40.5 %43.8 %41.8 %53.4 %65.4 %
Gearing131.2 %112.2 %120.8 %66.5 %39.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.20.60.7
Current ratio0.20.10.20.60.7
Cash and cash equivalents40.9124.8830.0994.8785.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.4%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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