VB DRIFT ApS

CVR number: 26996457
Strandtoften 6, 5600 Faaborg

Credit rating

Company information

Official name
VB DRIFT ApS
Established
2004
Company form
Private limited company
Industry
  • Expand more icon86Human health activities

About VB DRIFT ApS

VB DRIFT ApS (CVR number: 26996457) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -19.4 kDKK in 2023. The operating profit was -19.4 kDKK, while net earnings were 71.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -45.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VB DRIFT ApS's liquidity measured by quick ratio was 0.5 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
20192020202120222023
Volume
Net sales
Gross profit-88.47-33.60-15.90-19.53-19.44
EBIT-89.39-33.60-15.90-19.53-19.44
Net earnings- 151.0194.67-48.29-15.3071.44
Shareholders equity total- 815.80- 721.13- 769.41- 784.72- 713.28
Balance sheet total (assets)706.51847.93777.91768.50858.93
Net debt-22.77- 840.21- 757.66- 748.25- 856.72
Profitability
EBIT-%
ROA2.8 %6.1 %4.9 %-0.5 %5.1 %
ROE-19.9 %12.2 %-5.9 %-2.0 %8.8 %
ROI
Economic value added (EVA)-53.718.5462.5557.2057.59
Solvency
Equity ratio-53.6 %-46.0 %-49.7 %-50.5 %-45.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.00.50.50.50.5
Current ratio0.00.50.50.50.5
Cash and cash equivalents22.77840.21757.66748.25856.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.06%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-45.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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