VB Engineering ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VB Engineering ApS
VB Engineering ApS (CVR number: 25459806) is a company from KALUNDBORG. The company recorded a gross profit of -190.9 kDKK in 2024. The operating profit was -544.6 kDKK, while net earnings were -462.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.6 %, which can be considered poor and Return on Equity (ROE) was -25.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VB Engineering ApS's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 195.65 | 170.81 | 850.90 | -55.14 | - 190.91 |
EBIT | 116.62 | 91.78 | 769.39 | - 414.54 | - 544.58 |
Net earnings | 57.77 | 44.67 | 548.78 | - 366.79 | - 462.46 |
Shareholders equity total | 1 817.57 | 1 862.25 | 2 411.03 | 2 044.24 | 1 581.79 |
Balance sheet total (assets) | 3 611.07 | 3 630.52 | 4 496.51 | 3 837.95 | 3 130.61 |
Net debt | 1 055.74 | 881.62 | 88.42 | 677.29 | 1 102.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.3 % | 2.5 % | 18.9 % | -9.9 % | -15.6 % |
ROE | 5.6 % | 2.4 % | 25.7 % | -16.5 % | -25.5 % |
ROI | 3.4 % | 2.6 % | 19.8 % | -10.6 % | -16.4 % |
Economic value added (EVA) | 44.40 | -48.66 | 486.94 | - 417.85 | - 533.37 |
Solvency | |||||
Equity ratio | 50.3 % | 51.3 % | 53.6 % | 53.3 % | 50.5 % |
Gearing | 85.3 % | 80.8 % | 64.9 % | 67.6 % | 75.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.7 | 1.3 | 0.6 |
Current ratio | 1.0 | 1.1 | 1.7 | 1.3 | 0.6 |
Cash and cash equivalents | 495.31 | 622.63 | 1 476.26 | 704.07 | 88.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BB |
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