Vesterbro 2023 ApS — Credit Rating and Financial Key Figures

CVR number: 38792547
Halmtorvet 9 A, 1700 København V

Credit rating

Company information

Official name
Vesterbro 2023 ApS
Personnel
25 persons
Established
2017
Company form
Private limited company
Industry

About Vesterbro 2023 ApS

Vesterbro 2023 ApS (CVR number: 38792547) is a company from KØBENHAVN. The company recorded a gross profit of 5629.4 kDKK in 2021, demonstrating a growth of 75.4 % compared to the previous year. The operating profit was 423.7 kDKK, while net earnings were 266.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 120.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.6 %, 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. Vesterbro 2023 ApS's liquidity measured by quick ratio was 0.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
Volume
Net sales6 186.718 178.248 238.43
Gross profit1 998.752 964.393 209.635 629.37
EBIT- 833.35690.09399.42423.73
Net earnings- 706.29474.57269.32266.20
Shareholders equity total- 656.29- 181.7287.61353.80
Balance sheet total (assets)1 456.801 161.842 258.054 112.69
Net debt828.01-14.19- 878.58-1 212.38
Profitability
EBIT-%-13.5 %8.4 %4.8 %
ROA-39.4 %39.9 %22.2 %13.3 %
ROE-48.5 %36.2 %43.1 %120.6 %
ROI-92.8 %153.6 %450.8 %116.5 %
Economic value added (EVA)- 667.19543.67301.24340.63
Solvency
Equity ratio-31.1 %-13.5 %3.9 %8.6 %
Gearing-136.8 %-0.5 %
Relative net indebtedness %33.0 %16.2 %14.6 %
Liquidity
Quick ratio0.30.30.60.5
Current ratio0.30.40.70.6
Cash and cash equivalents69.6115.05878.581 212.38
Capital use efficiency
Trade debtors turnover (days)1.711.08.6
Net working capital %-23.4 %-10.0 %-9.3 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.60%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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