F. QVISTGAARD. VEMB ApS — Credit Rating and Financial Key Figures

CVR number: 71264017
Michel Broes Vej 20, Klitmøller 7700 Thisted
fq@fqgruppen.dk
tel: 40292888

Credit rating

Company information

Official name
F. QVISTGAARD. VEMB ApS
Established
1982
Domicile
Klitmøller
Company form
Private limited company
Industry

About F. QVISTGAARD. VEMB ApS

F. QVISTGAARD. VEMB ApS (CVR number: 71264017) is a company from THISTED. The company recorded a gross profit of 201.9 kDKK in 2019. The operating profit was 201.9 kDKK, while net earnings were 239.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.6 %, which can be considered excellent and Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. F. QVISTGAARD. VEMB ApS's liquidity measured by quick ratio was 47.7 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
2016
2017
2018
2019
Volume
Net sales
Gross profit130.19135.9525.88201.93
EBIT78.1844.023.40201.93
Net earnings179.9214.68-11.19239.64
Shareholders equity total934.95846.23835.051 074.69
Balance sheet total (assets)1 089.431 098.721 012.911 097.70
Net debt- 984.21-1 019.00- 954.57-1 081.01
Profitability
EBIT-%
ROA21.5 %4.2 %0.5 %23.6 %
ROE19.2 %1.6 %-1.3 %25.1 %
ROI25.1 %5.2 %0.6 %26.0 %
Economic value added (EVA)61.1336.1811.33204.31
Solvency
Equity ratio85.8 %77.0 %82.4 %97.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.84.25.447.7
Current ratio6.84.25.447.7
Cash and cash equivalents984.211 019.00954.571 081.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:23.6%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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