VB 21B, Odense ApS — Credit Rating and Financial Key Figures

CVR number: 39174936
Edisonsvej 3, 5000 Odense C

Credit rating

Company information

Official name
VB 21B, Odense ApS
Established
2017
Company form
Private limited company
Industry

About VB 21B, Odense ApS

VB 21B, Odense ApS (CVR number: 39174936) is a company from ODENSE. The company recorded a gross profit of 315 kDKK in 2023. The operating profit was 317.5 kDKK, while net earnings were -17.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, 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. VB 21B, Odense ApS's liquidity measured by quick ratio was 3.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit249.00342.00434.00430.00315.04
EBIT- 340.00- 558.00863.00738.00317.47
Net earnings- 266.00- 439.00674.00442.00-17.45
Shareholders equity total3 405.002 966.003 641.004 082.004 065.18
Balance sheet total (assets)13 853.0013 227.0013 934.0014 410.0014 455.67
Net debt9 286.009 191.009 165.009 147.009 271.12
Profitability
EBIT-%
ROA-2.1 %-3.9 %6.6 %5.5 %2.6 %
ROE-7.5 %-13.8 %20.4 %11.4 %-0.4 %
ROI-2.2 %-4.0 %6.7 %5.6 %2.7 %
Economic value added (EVA)- 897.87-1 067.5066.23-64.28- 474.55
Solvency
Equity ratio24.6 %22.4 %26.1 %28.3 %28.1 %
Gearing274.7 %312.4 %251.8 %224.5 %228.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.34.13.84.33.4
Current ratio4.34.13.84.33.4
Cash and cash equivalents69.0074.002.0017.000.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:2.65%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.1%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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