VB 23B, Odense ApS

CVR number: 39668394
Edisonsvej 3, 5000 Odense C

Credit rating

Company information

Official name
VB 23B, Odense ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About VB 23B, Odense ApS

VB 23B, Odense ApS (CVR number: 39668394) is a company from ODENSE. The company recorded a gross profit of 2658.3 kDKK in 2022. The operating profit was -3390.5 kDKK, while net earnings were -3734.3 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 -28 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 10.5 %, 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. VB 23B, Odense ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit- 205.001 692.003 221.003 335.002 658.32
EBIT- 205.0013 297.001 794.003 536.00-3 390.53
Net earnings- 703.009 028.00131.001 691.00-3 734.26
Shareholders equity total4 352.0013 380.0013 511.0015 202.0011 468.31
Balance sheet total (assets)112 933.00119 797.00114 170.00114 173.00108 965.96
Net debt117 069.32100 381.0096 298.0094 231.0093 436.38
Profitability
EBIT-%
ROA-0.2 %11.4 %1.5 %3.1 %-3.0 %
ROE-16.2 %101.8 %1.0 %11.8 %-28.0 %
ROI-0.2 %13.2 %1.6 %3.1 %-3.1 %
Economic value added (EVA)- 160.138 359.911 654.68-2 102.41-7 474.02
Solvency
Equity ratio2.2 %11.2 %11.8 %13.3 %10.5 %
Gearing2815.7 %750.3 %714.4 %620.7 %822.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.00.00.1
Current ratio0.20.10.00.00.1
Cash and cash equivalents5 468.003.00225.00126.00921.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAABBB

Variable visualization

ROA:-3.04%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.5%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:26.353Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.