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Varebil-Leasing Kolding ApS — Credit Rating and Financial Key Figures

CVR number: 28502109
Birkedam 2, Harte 6000 Kolding
tel: 75508599
Free credit report Annual report

Company information

Official name
Varebil-Leasing Kolding ApS
Personnel
5 persons
Established
2005
Domicile
Harte
Company form
Private limited company
Industry

About Varebil-Leasing Kolding ApS

Varebil-Leasing Kolding ApS (CVR number: 28502109) is a company from KOLDING. The company recorded a gross profit of 3162.4 kDKK in 2024. The operating profit was 835.8 kDKK, while net earnings were 116.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 15 %, 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. Varebil-Leasing Kolding ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 418.002 592.002 906.002 911.003 162.42
EBIT- 195.00489.00804.00948.00835.84
Net earnings- 347.00122.00234.00267.00116.69
Shareholders equity total1 320.001 442.001 676.001 943.002 059.50
Balance sheet total (assets)8 774.0012 734.0012 462.0012 916.0013 736.33
Net debt5 461.009 079.009 095.009 101.009 892.76
Profitability
EBIT-%
ROA-2.2 %4.6 %6.4 %7.5 %6.3 %
ROE-22.3 %8.8 %15.0 %14.8 %5.8 %
ROI-2.8 %5.6 %7.5 %8.6 %7.2 %
Economic value added (EVA)- 512.3440.9295.25193.0546.36
Solvency
Equity ratio15.0 %11.3 %13.4 %15.0 %15.0 %
Gearing414.8 %631.1 %544.5 %469.0 %480.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio1.11.51.51.41.4
Cash and cash equivalents15.0022.0030.0011.007.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:6.27%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.0%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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