VBG ApS — Credit Rating and Financial Key Figures

CVR number: 38846485
Eriksmindevej 96, Boulstrup 8300 Odder

Credit rating

Company information

Official name
VBG ApS
Personnel
202 persons
Established
2017
Domicile
Boulstrup
Company form
Private limited company
Industry

About VBG ApS

VBG ApS (CVR number: 38846485) is a company from ODDER. The company recorded a gross profit of 56.7 mDKK in 2023. The operating profit was 1260.5 kDKK, while net earnings were 812.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 14 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VBG ApS's liquidity measured by quick ratio was 1.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.5615 350.3156 727.87
EBIT-5.56-3 552.901 260.51
Net earnings-4.36-2 782.71812.40
Shareholders equity total1.501.5035.64-2 747.072 065.33
Balance sheet total (assets)1.501.5040.6414 309.0814 797.59
Net debt-1.50-1.50-38.169 154.08-2 983.08
Profitability
EBIT-%
ROA-26.4 %-41.6 %8.2 %
ROE-23.5 %-38.8 %9.9 %
ROI-29.0 %-69.1 %20.6 %
Economic value added (EVA)-4.33-2 772.771 154.82
Solvency
Equity ratio100.0 %100.0 %87.7 %-16.1 %14.0 %
Gearing3.5 %-373.1 %16.2 %
Relative net indebtedness %
Liquidity
Quick ratio8.10.81.1
Current ratio8.10.81.1
Cash and cash equivalents1.501.5039.411 095.943 318.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCCBBBBBB

Variable visualization

ROA:8.20%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.0%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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