Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
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 | - 151.01 | 94.67 | -48.29 | -15.30 | 71.44 |
Shareholders equity total | - 815.80 | - 721.13 | - 769.41 | - 784.72 | - 713.28 |
Balance sheet total (assets) | 706.51 | 847.93 | 777.91 | 768.50 | 858.93 |
Net debt | -22.77 | - 840.21 | - 757.66 | - 748.25 | - 856.72 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.8 % | 6.1 % | 4.9 % | -0.5 % | 5.1 % |
ROE | -19.9 % | 12.2 % | -5.9 % | -2.0 % | 8.8 % |
ROI | |||||
Economic value added (EVA) | -53.71 | 8.54 | 62.55 | 57.20 | 57.59 |
Solvency | |||||
Equity ratio | -53.6 % | -46.0 % | -49.7 % | -50.5 % | -45.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.5 | 0.5 | 0.5 | 0.5 |
Current ratio | 0.0 | 0.5 | 0.5 | 0.5 | 0.5 |
Cash and cash equivalents | 22.77 | 840.21 | 757.66 | 748.25 | 856.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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