Vestfyns Kørsel ApS — Credit Rating and Financial Key Figures

CVR number: 35866809
Stævnegårdsvej 10, Harndrup 5463 Harndrup
info@vestfynskoersel.dk
tel: 20321117
https://www.vestfynskoersel.dk/

Credit rating

Company information

Official name
Vestfyns Kørsel ApS
Personnel
6 persons
Established
2014
Domicile
Harndrup
Company form
Private limited company
Industry

About Vestfyns Kørsel ApS

Vestfyns Kørsel ApS (CVR number: 35866809) is a company from MIDDELFART. The company recorded a gross profit of 5192.8 kDKK in 2024. The operating profit was 536.9 kDKK, while net earnings were -140.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was -12.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.6 %, 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. Vestfyns Kørsel ApS's liquidity measured by quick ratio was 0.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit495.522 906.223 221.275 212.195 192.81
EBIT261.34241.43186.311 143.71536.85
Net earnings242.56142.33129.87135.28- 140.17
Shareholders equity total510.89653.22783.091 186.021 015.85
Balance sheet total (assets)2 428.133 616.563 794.819 360.398 730.64
Net debt59.16204.78328.371 669.111 612.89
Profitability
EBIT-%
ROA10.6 %8.0 %5.0 %17.4 %5.9 %
ROE62.3 %24.5 %18.1 %13.7 %-12.7 %
ROI10.9 %10.2 %10.5 %25.3 %7.1 %
Economic value added (EVA)337.51188.62113.74853.78371.68
Solvency
Equity ratio21.0 %18.1 %20.6 %12.7 %11.6 %
Gearing36.1 %35.1 %44.5 %142.5 %160.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.01.10.70.6
Current ratio1.51.11.30.80.7
Cash and cash equivalents125.1324.6820.4921.0112.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.94%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.6%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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