VESTERGAARD BILER A/S
Credit rating
Company information
About VESTERGAARD BILER A/S
VESTERGAARD BILER A/S (CVR number: 52742110) is a company from VIBORG. The company recorded a gross profit of 7245.4 kDKK in 2019. The operating profit was 2631.4 kDKK, while net earnings were 1756.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.3 %, which can be considered excellent and Return on Equity (ROE) was 80.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTERGAARD BILER A/S's liquidity measured by quick ratio was 13 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 6 218.00 | 5 413.00 | 4 928.17 | 7 245.37 |
EBIT | 194.00 | 361.00 | 597.91 | 2 631.44 |
Net earnings | 24.00 | 180.00 | 347.01 | 1 756.49 |
Shareholders equity total | 786.00 | 966.00 | 1 312.72 | 3 069.21 |
Balance sheet total (assets) | 12 561.00 | 12 653.00 | 14 017.20 | 3 710.83 |
Net debt | 4 350.00 | 4 387.00 | 5 111.11 | -80.80 |
Profitability | ||||
EBIT-% | ||||
ROA | 2.5 % | 3.4 % | 5.0 % | 30.3 % |
ROE | 3.1 % | 20.5 % | 30.5 % | 80.2 % |
ROI | 6.2 % | 8.1 % | 11.2 % | 54.4 % |
Economic value added (EVA) | 258.67 | 365.66 | 537.61 | 1 961.96 |
Solvency | ||||
Equity ratio | 6.3 % | 7.6 % | 9.4 % | 82.7 % |
Gearing | 557.4 % | 455.4 % | 390.0 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.4 | 0.4 | 0.3 | 13.0 |
Current ratio | 1.0 | 1.1 | 1.1 | 13.0 |
Cash and cash equivalents | 31.00 | 12.00 | 8.40 | 80.80 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | B | B | B |
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