Vehicles ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vehicles ApS
Vehicles ApS (CVR number: 38972804) is a company from Brønderslev. The company recorded a gross profit of -13 kDKK in 2023. The operating profit was -13 kDKK, while net earnings were -13 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33 %, which can be considered poor and Return on Equity (ROE) was -43 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Vehicles ApS's liquidity measured by quick ratio was 3.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.64 | -8.06 | -15.90 | -16.72 | -13.01 |
EBIT | -9.64 | -8.06 | -15.90 | -16.72 | -13.01 |
Net earnings | -9.88 | -8.59 | -17.76 | -16.44 | -12.99 |
Shareholders equity total | 79.53 | 70.94 | 53.18 | 36.74 | 23.75 |
Balance sheet total (assets) | 84.53 | 75.94 | 58.56 | 46.10 | 32.57 |
Net debt | -84.42 | -75.56 | -55.65 | -41.19 | -27.34 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.8 % | -10.0 % | -23.1 % | -30.5 % | -33.0 % |
ROE | -11.7 % | -11.4 % | -28.6 % | -36.6 % | -43.0 % |
ROI | -11.4 % | -10.7 % | -25.0 % | -33.7 % | -37.8 % |
Economic value added (EVA) | -9.40 | -7.82 | -15.67 | -16.58 | -12.56 |
Solvency | |||||
Equity ratio | 94.1 % | 93.4 % | 90.8 % | 79.7 % | 72.9 % |
Gearing | 0.7 % | 11.9 % | 16.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.9 | 15.2 | 10.9 | 4.9 | 3.7 |
Current ratio | 16.9 | 15.2 | 10.9 | 4.9 | 3.7 |
Cash and cash equivalents | 84.42 | 75.56 | 56.02 | 45.55 | 31.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | BB | BB |
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