VORBASSE MASKINFABRIK ApS — Credit Rating and Financial Key Figures

CVR number: 28984006
Tårngade 7 A, 6623 Vorbasse
tel: 75333494

Credit rating

Company information

Official name
VORBASSE MASKINFABRIK ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VORBASSE MASKINFABRIK ApS

VORBASSE MASKINFABRIK ApS (CVR number: 28984006) is a company from BILLUND. The company recorded a gross profit of 296.2 kDKK in 2023. The operating profit was 150.7 kDKK, while net earnings were 87.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.9 %, 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. VORBASSE MASKINFABRIK ApS's liquidity measured by quick ratio was 0.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit175.87163.98215.37392.54296.19
EBIT113.80100.10139.84266.44150.65
Net earnings35.1431.8871.36187.6087.56
Shareholders equity total382.38414.25485.61558.81528.57
Balance sheet total (assets)1 363.421 359.421 289.061 246.831 431.92
Net debt429.85491.17478.59257.98307.19
Profitability
EBIT-%
ROA7.7 %7.4 %10.6 %21.4 %11.2 %
ROE9.6 %8.0 %15.9 %35.9 %16.1 %
ROI13.2 %11.4 %14.5 %29.2 %17.3 %
Economic value added (EVA)56.2949.9771.97173.9077.59
Solvency
Equity ratio28.0 %30.5 %37.7 %44.8 %36.9 %
Gearing112.5 %118.6 %98.6 %46.2 %58.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.50.70.7
Current ratio1.21.11.21.51.3
Cash and cash equivalents0.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.9%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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