VORBASSE MASKINFABRIK ApS — Credit Rating and Financial Key Figures

CVR number: 28984006
Tårngade 7 A, 6623 Vorbasse
tel: 75333494
Free credit report Annual report

Company information

Official name
VORBASSE MASKINFABRIK ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About VORBASSE MASKINFABRIK ApS

VORBASSE MASKINFABRIK ApS (CVR number: 28984006) is a company from BILLUND. The company recorded a gross profit of 207.8 kDKK in 2024. The operating profit was 92.4 kDKK, while net earnings were 59.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. VORBASSE MASKINFABRIK ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit163.98215.37392.54296.19207.83
EBIT100.10139.84266.44150.6592.37
Net earnings31.8871.36187.6087.5659.38
Shareholders equity total414.25485.61558.81528.57465.95
Balance sheet total (assets)1 359.421 289.061 246.831 431.921 535.45
Net debt491.17478.59257.98307.19- 154.34
Profitability
EBIT-%
ROA7.4 %10.6 %21.4 %11.2 %6.2 %
ROE8.0 %15.9 %35.9 %16.1 %11.9 %
ROI11.4 %14.5 %29.2 %17.3 %13.6 %
Economic value added (EVA)39.7457.19158.4371.0153.45
Solvency
Equity ratio30.5 %37.7 %44.8 %36.9 %32.4 %
Gearing118.6 %98.6 %46.2 %58.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.70.71.2
Current ratio1.11.21.51.31.4
Cash and cash equivalents154.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.23%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.4%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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