Credit rating
Company information
About VESTFISK A/S
VESTFISK A/S (CVR number: 34211663) is a company from VIBORG. The company recorded a gross profit of 11.4 mDKK in 2021. The operating profit was -426.9 kDKK, while net earnings were -460.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -11.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VESTFISK A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11 637.49 | 12 368.00 | 15 828.81 | 13 912.84 | 11 419.39 |
EBIT | 749.10 | 893.96 | 1 311.89 | 719.91 | - 426.86 |
Net earnings | 196.57 | 276.39 | 754.09 | 342.08 | - 460.16 |
Shareholders equity total | 2 757.70 | 3 034.09 | 3 788.18 | 4 130.26 | 3 670.10 |
Balance sheet total (assets) | 14 856.01 | 19 210.23 | 19 572.47 | 15 895.35 | 12 015.17 |
Net debt | 8 514.15 | 12 867.07 | 8 665.96 | 6 350.95 | 6 203.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.5 % | 4.9 % | 7.6 % | 4.1 % | -3.0 % |
ROE | 6.4 % | 9.5 % | 22.1 % | 8.6 % | -11.8 % |
ROI | 6.9 % | 6.0 % | 9.9 % | 5.6 % | -3.7 % |
Economic value added (EVA) | 124.64 | 282.68 | 249.39 | 30.03 | - 758.33 |
Solvency | |||||
Equity ratio | 18.6 % | 15.8 % | 19.4 % | 26.0 % | 30.5 % |
Gearing | 309.1 % | 424.4 % | 229.0 % | 167.7 % | 169.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.1 | 1.3 | 1.2 |
Current ratio | 1.2 | 1.1 | 1.2 | 1.3 | 1.2 |
Cash and cash equivalents | 8.60 | 9.22 | 9.22 | 575.43 | 8.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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