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VB 23, Odense ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VB 23, Odense ApS
VB 23, Odense ApS (CVR number: 38621440) is a company from ODENSE. The company recorded a gross profit of 5.6 kDKK in 2024. The operating profit was 5.6 kDKK, while net earnings were -119.6 kDKK. 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 -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. VB 23, Odense ApS's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 204.00 | 131.00 | -16.00 | -15.00 | 5.56 |
| EBIT | 311.00 | 1 123.00 | - 425.00 | -15.00 | 5.56 |
| Net earnings | 114.00 | 748.00 | - 467.00 | - 118.00 | - 119.55 |
| Shareholders equity total | 5 158.00 | 5 906.00 | 5 440.00 | 5 322.00 | 5 202.71 |
| Balance sheet total (assets) | 14 864.00 | 15 589.00 | 14 921.00 | 15 010.00 | 15 129.61 |
| Net debt | 8 239.00 | 7 991.00 | 7 866.00 | 8 137.00 | 8 393.37 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.4 % | 7.7 % | -2.5 % | 0.4 % | 0.6 % |
| ROE | 2.2 % | 13.5 % | -8.2 % | -2.2 % | -2.3 % |
| ROI | 2.4 % | 7.7 % | -2.5 % | 0.4 % | 0.6 % |
| Economic value added (EVA) | - 505.18 | 135.83 | -1 115.16 | - 754.51 | - 743.08 |
| Solvency | |||||
| Equity ratio | 34.7 % | 37.9 % | 36.5 % | 35.5 % | 34.4 % |
| Gearing | 159.7 % | 135.5 % | 145.8 % | 152.9 % | 161.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.6 | 5.9 | 3.7 | 2.0 | 1.6 |
| Current ratio | 6.6 | 5.9 | 3.7 | 2.0 | 1.6 |
| Cash and cash equivalents | 12.00 | 64.00 | 0.46 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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