Vikingbus Holding A/S — Credit Rating and Financial Key Figures

Vikingbus Holding A/S (CVR number: 39857278K) is a company from HVIDOVRE. The company reported a net sales of 1233.2 mDKK in 2023, demonstrating a growth of 6.8 % compared to the previous year. The operating profit percentage was poor at -0.1 % (EBIT: -1.6 mDKK), while net earnings were -17.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -9.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.1 %, 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. Vikingbus Holding A/S's liquidity measured by quick ratio was 1.7 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.